If I was able to ask Ben Bernanke a question at today’s press conference, I would ask this: What in your models make you believe that GDP growth can accelerate to a range of 2.3-3% in 2013, 3-3.5% in 2014 and 3-3.7% in 2015 from 1.7-1.8% in 2012 but somehow forecast that PCE inflation will be no greater than 2% in each of those years vs 1.6-1.7% in 2012 in light of the massive expansion in your balance sheet?

Category: MacroNotes

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

3 Responses to “What I would ask Bernanke…”

  1. ConscienceofaConservative says:

    I would have two questions to ask Ben.
    First how he measures the income effect (specifically lost interest income on savings) and how it hurts consumption and second how both he and the Fed judge the relationship between lower spreads on risk assets and unemployment. It seems this is the trade off he’s going after.

    It would be good to know what relationships Ben Bernanke believes holds here and how he sees speculation as benefiting economic growth but earning an interest rate on savings as hurting economic growth.

  2. emaij says:

    Here is my question:

    Chairman Bernanke, why are you not pushing for Wall Street to be cleaned up? You clearly are doing a lot to convince investors of the world to entrust their money to the financial sector… Why not do what is necessary to make it inherently more worthy of trust? Pushing for investigations of individuals who committed fraud would make you more of a supporter of free markets. Why isn’t that high on your agenda?

  3. [...] plans more bond purchases and sets thresholds on unemployment and inflation. Peter Boockvar has a question for the chairman of the Fed. But here’s my question: How can we be worried about a recession [...]