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Saturday, May 11, 2013

'Moby Ben, or, The Washington Super-Whale'

Learn why hedge fund traders are so angry with Ben Bernanke, and why

There is a reason that the trade of shorting the bonds of a sovereign issuer of a global reserve currency in a depressed economy is called "the widowmaker".

See: Moby Ben, or, The Washington Super-Whale: Hedge Fundies, the Federal Reserve, and Bernanke-Hatred by Brad DeLong.

    Posted by on Saturday, May 11, 2013 at 10:31 AM in Economics, Monetary Policy | Permalink  Comments (14)


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