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Ben Bernanke just back off if the Federal Reserve adds new -- to this economy next month does it risk.
Playing politics and a big way and even influencing the election in November Anthony Sanders is a professor.
-- George Mason university in -- frequent contributor to our show it is always a pleasure armistice and just.
What do you think should they just back off and how big of an influence would any new action be on who wins -- of them are.
Well thanks taken for having me.
The problem is chairman Bernanke spoke this morning in his authority teed up football and golf parliament's.
-- something might happen in the fall.
Simply because -- several look you know some the numbers in the stock markets are doing pretty well.
At the macro level but there's some people really hurting in the economy.
Yes there are.
Effect if you look at the jobs report from last Friday which I think most people viewed as positive -- -- -- 163 jobs added.
But -- read the -- -- 220000.
Full time jobs.
Which means we've gone to a part time economy.
What can the Fed do.
To write that that's more regulatory issue with businesses is opposed to something he can handle through interest rates.
-- are you opposed to them acting 'cause look back at history.
Has the Fed been averse -- acting so close.
To a presidential election and if what you're saying it -- matter if they do anything because it would have any bearing on the economy not in a couple of months.
Well eight you're actually right would have no bearing on the economy were at what we call sort of zero bound were fed -- policies that are and so falsely.
-- policies almost irrelevant at this point.
However it -- does have some juice for the stock market and that would be great card to play right for an election that the stock market shoot up -- -- 500 points when you.
It also argued if the Fed has already teed up the ball and then they do not saying.
The stock market tanks and they would also be accused.
Of throwing the election in the favor met Rhonda.
Absolutely in fact I think -- thing in the fall deployment -- get attacked for better or election she does bow out announced activity so ugly the fray.
But again -- prop --