Today at 4pm Eastern, Ben Bernanke, at the University of Michigan’s Ford School of Public Policy, will take live questions from Twitter for the first time as part of the Fed’s new policy of openness. Of course, the policy won’t be so open for him to answer if banks are actually using reserves as prop trading funding (as was the case with JP Morgan, and any other bank which realizes that when it comes to fungible cash, money is just 1s and 0s in a server somewhere). However, the filter may slip and at least one or two good questions may slip through. So please take this opportunity to submit any pressing questions you may have on the Fed’s policy to pump the market to new stratospheric highs courtesy of $85 billion (for now) in monthly reserve injections into the Primary Dealers, by using the #fordschoolbernanke tag to your questions. For convenience, we have appended a twitter module below that captures all tweets with that querry.
Watch Bernanke live below):
From the Ford School:
Join the conversation on Twitter: #fordschoolbernanke
About the event:
Please join us as Chairman Bernanke visits the University of Michigan for a conversation with Ford School Dean Susan M. Collins on monetary policy, recovery from the global financial crisis, and long-term challenges facing the U.S. economy.
Chairman Bernanke will also take questions from the audience and from Twitter.
The twitter tape with #fordschoolbernanke: