Bernanke Hints At Negative Rates, “Purchases Of Private Securities” To Fight Next Recession

“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 – former Fed Chairman, who together with Alan Greenspan will be responsible for blowing the three biggest asset bubbles in history of which the current one may well be last one as it will mark the end of central banking as we know it, Ben Bernanke delivered what he called “a relatively upbeat” assessment of the U.S. central bank’s ability to fight the next recession.