Despite record low interest rates, Bernanke is continuing with his quantitative easing to help further lower interest rates, but he may be continuing with this strategy to head off another Great Depression-esque scenario where the government reduced the money supply too quickly, writes Neil Weinberg for Forbes. [ETFs Flat Ahead of Fed Minutes.]
If Bernanke is wrong, the result could be a collapsed dollar, hyper-inflation, global instability and the complete loss of confidence in the U.S economy. So, we’re rooting for Bernanke on this one.
For more information on the Treasuries, visit our Treasury bonds category.
Max Chen contributed to this article.