Down1
11th December 2013, 02:06 PM
According to John Hilsenrath, "according to a person familiar with the matter," Barack Obama is poised to nominate Stanley Fischer to be vice chairman of the Federal Reserve.
This is a bit of a surprising development if only because Fischer didn't seem to be seriously considered as a contender for the top Fed job. I figured that was either because Fischer wasn't interested in a government job or because the White House deemed him insufficiently American. If either of those were the case, it would seem to disqualify him for the vice chairmanship too. But he's extraordinarily well-qualified, a distinguished academic economist (Ben Bernanke's mentor) who also served as chief economist at the IMF and as president of the Bank of Israel. As Janet Yellen is already poised to be the best-qualified Fed chair in history, the duo would represent a significant upping of the ante in terms of the idea that the institution should be stewarded by real central banking professionals.
http://www.slate.com/blogs/moneybox/2013/12/11/stanley_fischer_fed_vice_chair.html
http://www.slate.com/blogs/moneybox/2013/12/11/stanley_fischer_fed_vice_chair.html
Ignore the propaganda in the blog.
There is a theory that even the Zio-whores couldn't confirm and obvious ZOG ruler to head the Fed.
What they will do is slide him into the second in command spot and take out Janet and then slide him in as an acting Fed chief.
This is a bit of a surprising development if only because Fischer didn't seem to be seriously considered as a contender for the top Fed job. I figured that was either because Fischer wasn't interested in a government job or because the White House deemed him insufficiently American. If either of those were the case, it would seem to disqualify him for the vice chairmanship too. But he's extraordinarily well-qualified, a distinguished academic economist (Ben Bernanke's mentor) who also served as chief economist at the IMF and as president of the Bank of Israel. As Janet Yellen is already poised to be the best-qualified Fed chair in history, the duo would represent a significant upping of the ante in terms of the idea that the institution should be stewarded by real central banking professionals.
http://www.slate.com/blogs/moneybox/2013/12/11/stanley_fischer_fed_vice_chair.html
http://www.slate.com/blogs/moneybox/2013/12/11/stanley_fischer_fed_vice_chair.html
Ignore the propaganda in the blog.
There is a theory that even the Zio-whores couldn't confirm and obvious ZOG ruler to head the Fed.
What they will do is slide him into the second in command spot and take out Janet and then slide him in as an acting Fed chief.