{"id":86945,"date":"2009-12-17T12:44:52","date_gmt":"2009-12-17T17:44:52","guid":{"rendered":"http:\/\/www.businessinsider.com\/bernanke-the-dollar-carry-trade-bubble-is-only-a-problem-if-the-economy-gets-weak-again-2009-12"},"modified":"2009-12-17T12:44:52","modified_gmt":"2009-12-17T17:44:52","slug":"bernanke-the-dollar-carry-trade-bubble-is-only-a-problem-if-the-economy-gets-weak-again","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/86945","title":{"rendered":"Bernanke: The Dollar Carry Trade Bubble Is Only A Problem If The Economy Gets Weak Again"},"content":{"rendered":"<p><a href=\"http:\/\/blogs.barrons.com\/stockstowatchtoday\/2009\/12\/17\/bernanke-confirmed-16-to-7-rebuffs-roubini-doomsaying\/\"><img loading=\"lazy\" decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/~~\/f?id=4a37544be392434ace2ec900&amp;maxX=310&amp;maxY=232\" border=\"0\" alt=\"bernanke\" width=\"310\" height=\"232\" \/>Tiernan Ray at Barron&#8217;s<\/a> flags a particularly unsettling exchange that occurred during Bernanke&#8217;s re-appointment hearing.<\/p>\n<p style=\"padding-left: 30px;\">Fed Chairman <strong>Ben Bernanke<\/strong> this morning, shortly before being nominated for another term by the Senate Banking Committee on a vote of 16 to 7 in favor, rebuffed worries over an asset bubble globally along the lines suggested by NYU bad-boy economist <strong>Nouriel Roubini.<\/strong><\/p>\n<p style=\"padding-left: 30px;\">Pressed by Committee chairman Chris Dodd on the matter of the carry trade, the cheap dollar being used to buy higher-returning assets, Bernanke responded that it&rsquo;s only a problem for the U.S. if you think the economy is going down again, which is not the Fed&rsquo;s view.<\/p>\n<p>Ben, have you <a href=\"http:\/\/www.businessinsider.com\/something-bad-happened-between-october-in-november-2009-12\">seen all this<\/a>?<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/bernanke-the-dollar-carry-trade-bubble-is-only-a-problem-if-the-economy-gets-weak-again-2009-12#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/fedex-us-express-data-shows-a-v-shaped-recovery-2009-12\">FedEx Completely Screwed Up Their Guidance&#8230; But Check Out Their V-Shaped Recovery<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/new-york-manufacturing-tanks-in-december-after-four-straight-months-of-recovery-2009-12\">New York Manufacturing Tanks In December After Four Months Of Recovery<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/something-bad-happened-between-october-in-november-2009-12\">The Recovery Is Faltering<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/-u-VbW2QI38\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tiernan Ray at Barron&#8217;s flags a particularly unsettling exchange that occurred during Bernanke&#8217;s re-appointment hearing. Fed Chairman Ben Bernanke this morning, shortly before being nominated for another term by the Senate Banking Committee on a vote of 16 to 7 in favor, rebuffed worries over an asset bubble globally along the lines suggested by NYU [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-86945","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/86945","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=86945"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/86945\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=86945"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=86945"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=86945"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}