An Exit Strategy From Bernanke

September 3, 2012

Mitt Romney has now said he would not reappoint Ben Bernanke as chairman of the Fed. What a relief!  (Or maybe not; I still reckon Obama has a 50-50 chance of winning in November, and he will now presumably get Bernanke’s help, including a dose of QEIII at either the September or October Fed meetings, whenever Bernanke thinks it will do the most “good.”)

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