Jul 30, 2009
Reappointing Bernanke, who is from an opposing party, is a signal that such meddling won’t be applied to the Fed and that the Fed will be allowed to regain some of its autonomy vis-a-vis Treasury. Not reappointing Bernanke would make the markets very nervous about the future autonomy of the Fed.
I think this might be the most important factor and it will be interesting to see which way Obama goes.
(via mattlehrer)
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I'm a high school dropout, the long-term CEO of blip.tv and a former warblogger.
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