Guest Poet: Bernanke Goes Along Again

Another poetic gem from TMV’s favorite poet, Michael Silverstein, aka Wall Street Poet:

Bernanke Goes Along Again

Here’s a tip for Ben Bernanke
One that he should not ignore
When you cave to market wishes
Markets always ask for more.

Cutting rates at ev’ry downturn
Don’t produce the long-term hero
Markets just view it as weakness
Soon demand rates down to zero.

The real way to stem a crisis
Ain’t to give away the store
When you bow to market pressure
You’re the problem, not the cure.

Copyright 2008 Michael Silverstein