The 3 Planks Of The Bernanke Manifesto (Part 1)

Prepare to be stunned....

During my research this week I happened to stumble across something I had never seen before, that not only was shocking, but also gives you an idea of what the Fed has been thinking as it tries to undo the credit it has added into the markets since 2008.

I happened to be searching for what Former Fed Chairman Ben Bernanke actually said about ‘helicopter money’ (for reasons you’ll see at the end of today’s update), and found out that apparently he was writing a column for the Brookings Institute a few years ago, where he had a 3-part series in 2018 titled, ‘What tools does the Fed have left.’

I thought I would be able to cover all of these in just one column, until I actually started reading. Because some of the comments are so wild, that each one of his essays deserves its own attention.