<?xml version='1.0' encoding='UTF-8'?><?xml-stylesheet href="http://www.blogger.com/styles/atom.css" type="text/css"?><feed xmlns='http://www.w3.org/2005/Atom' xmlns:openSearch='http://a9.com/-/spec/opensearchrss/1.0/' xmlns:blogger='http://schemas.google.com/blogger/2008' xmlns:georss='http://www.georss.org/georss' xmlns:gd="http://schemas.google.com/g/2005" xmlns:thr='http://purl.org/syndication/thread/1.0'><id>tag:blogger.com,1999:blog-1018015350928693426</id><updated>2024-09-07T10:47:33.782-07:00</updated><category term="Ben Bernanke"/><category term="QE2"/><category term="QE3"/><category term="federal reserve"/><category term="financial crisis"/><category term="printing money"/><category term="quantitative easing"/><title type='text'>International Fools Court (IFC)</title><subtitle type='html'></subtitle><link rel='http://schemas.google.com/g/2005#feed' type='application/atom+xml' href='http://internationalfoolscourt.blogspot.com/feeds/posts/default'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/1018015350928693426/posts/default?redirect=false'/><link rel='alternate' type='text/html' href='http://internationalfoolscourt.blogspot.com/'/><link rel='hub' href='http://pubsubhubbub.appspot.com/'/><author><name>亂博</name><uri>http://www.blogger.com/profile/16107064923161771003</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='32' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhK92NBagszLt3zuh1rF0upOGkzNqITD6SciJEYTAvSqmcADnQ2gC1DomX3qXFkujeBNJC7D7TxcjXLFDjx-RxC73xpJ3ayJdlx6kW1a4apOD9E2qWzuAwadZ5bPfra2Q/s220/bubbles.jpg'/></author><generator version='7.00' uri='http://www.blogger.com'>Blogger</generator><openSearch:totalResults>1</openSearch:totalResults><openSearch:startIndex>1</openSearch:startIndex><openSearch:itemsPerPage>25</openSearch:itemsPerPage><entry><id>tag:blogger.com,1999:blog-1018015350928693426.post-5804008690112784998</id><published>2010-12-17T23:07:00.000-08:00</published><updated>2010-12-21T07:40:21.635-08:00</updated><category scheme="http://www.blogger.com/atom/ns#" term="Ben Bernanke"/><category scheme="http://www.blogger.com/atom/ns#" term="federal reserve"/><category scheme="http://www.blogger.com/atom/ns#" term="financial crisis"/><category scheme="http://www.blogger.com/atom/ns#" term="printing money"/><category scheme="http://www.blogger.com/atom/ns#" term="QE2"/><category scheme="http://www.blogger.com/atom/ns#" term="QE3"/><category scheme="http://www.blogger.com/atom/ns#" term="quantitative easing"/><title type='text'>Bernanke&#39;s Balloon</title><content type='html'>Bernanke is trying very hard to pump up his balloon in America. After QE1, his effort to create jobs was in vain. Unemployment rate continued to stay at around 10% level. Private consumption remained low. Then he thought he did not print enough money. There, he announced QE2.QE2 has only started for two months. Not only unemployment rate continued to stay high, interest rates for 10 years treasury bills surged 75 basis points, meaning that people are anticipating inflation. Even worse, his attempts to make lending cheap were also in vain. Last week, he mentioned about QE3, when QE2 has four more months to go. Bennie seemed to be like the guy in my video, pumping up a leaking balloon, with his same old indifferent altitude.&lt;br /&gt;&lt;br /&gt;&lt;object width=&quot;640&quot; height=&quot;385&quot;&gt;&lt;param name=&quot;movie&quot; value=&quot;http://www.youtube.com/v/PQhgv84Wkjg?fs=1&amp;amp;hl=en_US&amp;amp;rel=0&quot;&gt;&lt;/param&gt;&lt;param name=&quot;allowFullScreen&quot; value=&quot;true&quot;&gt;&lt;/param&gt;&lt;param name=&quot;allowscriptaccess&quot; value=&quot;always&quot;&gt;&lt;/param&gt;&lt;embed src=&quot;http://www.youtube.com/v/PQhgv84Wkjg?fs=1&amp;amp;hl=en_US&amp;amp;rel=0&quot; type=&quot;application/x-shockwave-flash&quot; allowscriptaccess=&quot;always&quot; allowfullscreen=&quot;true&quot; width=&quot;640&quot; height=&quot;385&quot;&gt;&lt;/embed&gt;&lt;/object&gt;</content><link rel='replies' type='application/atom+xml' href='http://internationalfoolscourt.blogspot.com/feeds/5804008690112784998/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://internationalfoolscourt.blogspot.com/2010/12/bernankes-balloon.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/1018015350928693426/posts/default/5804008690112784998'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/1018015350928693426/posts/default/5804008690112784998'/><link rel='alternate' type='text/html' href='http://internationalfoolscourt.blogspot.com/2010/12/bernankes-balloon.html' title='Bernanke&#39;s Balloon'/><author><name>亂博</name><uri>http://www.blogger.com/profile/16107064923161771003</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='32' height='32' src='//blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhK92NBagszLt3zuh1rF0upOGkzNqITD6SciJEYTAvSqmcADnQ2gC1DomX3qXFkujeBNJC7D7TxcjXLFDjx-RxC73xpJ3ayJdlx6kW1a4apOD9E2qWzuAwadZ5bPfra2Q/s220/bubbles.jpg'/></author><thr:total>0</thr:total></entry></feed>