Sentralbanksjef Ben Bernanke snakket med Susan R. Collins ved University of Michigan i går. En samtale med Collins og en Q&A med salen/Twitter-brukere.
Som vanlig avviker ikke Bernanke fra den sedvanlige 'midt-i-veien'-kommunikasjonen som sentralbanker er meget trofaste mot. Tilnærmet verbatim fra rentemøter, men det var live, så hva som helst kan skje.
Sitatet avisene besluttet å løpe med ble:
Ben Bernanke schools Congress: Raising debt ceiling ‘doesn’t create new deficits’
Ben Bernanke: Get rid of the debt ceiling, it has no practical value
New York Times hadde egen liveblog (det vil si, Binyamin Appelbaum fulgte livestream nær et keyboard):
Raising the debt ceiling does not authorize more spending, it simply allows the country to pay for spending that Congress has already committed to.
Default would increase our borrowing costs and damage economic growth and therefore add to future budget deficits, not decrease them. This is why no President or Secretary of the Treasury of either party has ever countenanced even the suggestion of default on any legal obligation of the United States.
We're not out of the woods because we are approaching a number of other fiscal critical watersheds coming up
“Was that 140 characters?” he quipped, after a question about whether the Fed was intentionally undershooting its 2 percent target rate of inflation.
Q: Is there anything else in the Fed's toolkit?
A: If there was, don't you think we would have tried it by now?
Og angående blogger går det mest i baseballblogger.
Go Washington Nationals!