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Bernanke Hints: Negative Rates, “Purchases Of Private Securities” To Fight Next Recession
Zero Hedge: Nearly a decade after his now laughably idiotic prediction that the Fed could hike rates in “15 minutes if we have to” – which of course it could and it would then promptly crash markets as late 2018 showed which is also why the Fed will never be able to normalize monetary policy ever again Ahead of his address to the American Economic Association’s annual meeting on Saturday, Bernanke wrote in a blog post that “the new policy tools are