Ben Bernanke

Ben Bernanke: Ben Bernanke has led the opinion pages of its monetary policy impulses to defend the decision of the Central Bank said 600 billion dollars in long-term securities, the purchase began in 2008 and 2009, a lot of impact positive on the economy. The program is equal to the Fed to an average of $ 110 billion in government bonds each month now, the AP provides a summary of mechanics. What program can expect monthly cash flow? Bernanke in the Washington Post investigation finds that the move will be driven by the housing in the stock market and consumer spending: Here Bernanke: This approach has allowed financial situation in the past and so far seems to be working again. Stock prices rose and interest rates have declined over the long term, investors began to anticipate the latest measures. financial condition easier to promote economic growth. For example, lower mortgage rates, housing affordability and homeowners to refinance and more. The lowest rates of corporate bonds, encouraging investment. And rising prices increase wealth and strengthen consumer confidence, which may also stimulate spending. Increased spending will mean higher sales and profits in a cycle that will continue to support economic expansion.But do not know what the plan will influence the Fed. add chief economist of Goldman Sachs, meanwhile, said the plan, a solid 5 percent of U.S. GDP. Reuters columnist John Kemp, now believe that the economic program of "marginal" is created. And especially, low rates and a stock market rally is not necessarily synonymous with effective recruitment. Here Nasiripour its report on the pitfalls of the Fed's policy of zero interest rates "Wal-Mart, for example, spent $ 9100000000 in investments for fiscal 2008, the company said in an Oct. 13 investor presentation and analysts. A $ 5.8 billion in 2009 and $ 6.6 billion reduced 2010.In 2006 71 percent of company money for capital expenditures and acquisitions, while 29 percent was spent on share repurchases and dividends, "said Wal-Mart in a separate presentation on October 13.