GOLD 0.51% $1,391.7 gold futures

Hi timber Bernanke's blog relies heavily on the notion of...

  1. 7,561 Posts.
    lightbulb Created with Sketch. 2077
    Hi timber

    Bernanke's blog relies heavily on the notion of 'equilibrium'. Below is a link to a recent article from Steve Keen in which he argues that theory is a nonsense.

    Keen's article appeared as a response to Yellen's recent speech in which, according to Keen, she uses the word 'equilibrium' 17 times. So it is interesting that Bernanke comes out to reinforce that terminology in his piece .... perhaps his blog is not to be taken just at face value?

    http://www.forbes.com/sites/stevekeen/2015/03/28/the-fed-has-not-learnt-from-the-crisis/
 
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.