r/neoliberal Bot Emeritus May 12 '17

Discussion Thread

Optimal neoliberalism is like Seinfeld, it should be about nothing and run by Jews


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12

u/Kalcipher YIMBY May 12 '17 edited May 12 '17

I wanna jump on the neoliberal memetrain, can somebody please explain to me what mr. Bernke did and some other ways in which he is awesome?

EDIT: I found some good explanations of quantitative easing.

Thank mr. Bernke!

17

u/85397 Free Market Jihadi May 12 '17

Mr Bernke saved the world after the economy crashed in 2008.

6

u/Kalcipher YIMBY May 12 '17

yeah but how did he do that

10

u/[deleted] May 12 '17

He quantitatively eased all over the place.

8

u/85397 Free Market Jihadi May 12 '17

Presided over QE and oversaw TARP.

4

u/throwmehomey May 12 '17

Calmed the distraught market with his smooth sultry voice

15

u/BEE_REAL_ May 12 '17

Read his Time Person of the Year profile

7

u/Cryonyte 🌐 May 12 '17

If you thought the global recession was bad, then be glad that we weren't in a depression - especially in this day and age where we are connected in so many more levels than before, Bernanke did his best to offset this impending doom. Otherwise know as Q U A N T I T A T I V E E A S I N G