#Ben Bernanke

[furious-magician]

In honour of Pride Month, I will refrain from casting my Evil Magic upon queer people. Unless the queer person in question happens to be a handsome boy named Spencer, in which case you should still be afraid Spencer I'm still after You

[lemondemonpickuplines]

found this on pintrest

[hashtag-swag]

diversity win! this chairman of the federal reserve is GAY!!

[unbranded-chaos]

ben bernake lemon demon

I already posted this on youtube but i had to

[theepicsugarverse]

Leviathan, Pedro, and Ben you guys should take photo with each other please

[failure-girl-y-kei]

i need your teeth.

[nachosforfree]

I see you Spencer. With my eyes.

[cobwebears]

what is the lemon demon song about the worst magician that calls you a rich fuck etc?

ben bernanke! one of my favorites of all time. um i didnt realize he was a real guy until now LOL

anyway the "rich fuck" thing was referring to these lines in particular that stick out in my head

obviously this could probably be read more literally but ive seen it as a metaphor for money, especially after the line "are you proud of your country?"

[h7p3r4ct1v3-h0rn3t2]

i think it would be cool to get a good sample size so consider sharing this with other. like. Bernankeheads or whatever fans of ben bernanke by lemon demon are called . no pressure though

[hellodarjeeling]

I'll admit, Picard, you're handsome But what have you done with it? You think you can mock me, Picard? Do you?

[furious-magician]

If you are a boy and you are pretty I want you to know I Hate you and i Will cast my evil spells. on you. Especially if you are Spencer you know who you are Spencer shut up. Shut up

[lemondemonpickuplines]

heyyy babee are you a furious magician? because you seem to have a strange desire for my teeth

[silly-boozer]

hi i sawyou posted that uou were thinking abt ben bernanke wouls you like to share your thoughts on ben bernanke Perhaps.......Perhaos....perchance

well if you insist!!

view monster is probably my 3rd favorite out of Neil's other albums. ive been trying to get my hands on a view monster cd so i can complete my trio of "spirit phone, dinosaurchestra, & view monster" but y'know my cd autism has made me broke lmao. ben bernanke always stuck out to me because at first i was like "what the fuck is this song about??" but of course the meaning circled around to neil and his friends doing their silly skits. it just makes me love it even more yknow?

[sillyspinda]

my interpretation of the VIEW MONSTER from the titular lemon demon album (seriously listen to it if you haven't, it's so good and probably one of if not my favorite albums of all time)

i don't think i've ever posted this one? it's super old so it's not as good as my recent art but i think it still has its merits!

[theepicsugarverse]

the only oc of yours iknpow by name is ben nbernanke Csan ypu throw rocks at him for me please ❤️

[dialogue-queered]

Comment: Although published in late 2022, this seems an apt moment to revisit the economics of financial crisis/panic given the faultlines that have opened up, especially for regional US banks, in the wake of the Silicon Valley Bank collapse.

Extract.

[In 2022,]the Nobel Prize in Economics was given to a household name, Ben Bernanke [former Fed Chair], and two economists’ economists, Douglas Diamond and Philip Dybvig, largely for papers they published almost 40 years ago. So let’s talk about their work and why, unfortunately, it remains all too relevant.

Extract

Suppose that for some reason many depositors come to believe that many other depositors are about to cash out, and try to beat the pack by withdrawing their own funds. To meet these demands for liquidity, a bank will have to sell off its illiquid assets at fire sale prices, and doing so can drive an institution that should be solvent into bankruptcy. If that happens, people who didn’t withdraw their funds will be left with nothing. So during a panic, the rational thing to do is to panic along with everyone else. 

Extract

What can be done to mitigate the risk of self-fulfilling panic? As Diamond and Dybvig noted, a government backstop — either deposit insurance, the willingness of the central bank to lend money to troubled banks or both — can short-circuit potential crises. Indeed, the mere knowledge that a backstop exists can often quell a bank run; no money need actually change hands.

But providing such a backstop raises the possibility of abuse; banks may take on undue risks because they know they’ll be bailed out if things go wrong. Case in point: the huge costs to taxpayers of bailing out irresponsible players during the savings and loans crisis in the 1980s. So banks need to be regulated as well as backstopped.

Extract

Another implication of their work, which unfortunately went unheeded for decades, was that we need to think carefully about what we mean by a “bank.” It doesn’t have to be a big marble building with rows of tellers. From an economic point of view, banking is any form of financial intermediation that offers people seemingly liquid assets while using their wealth to make illiquid investments.

Extract

Perhaps the most notable case in relatively recent times was the euro crisis of 2010-12. Market confidence in the economies of southern Europe collapsed, leading to huge spreads between the interest rates on, for example, Portuguese bonds and those on German bonds.

The conventional wisdom at the time — especially in Germany — was that countries were being justifiably punished for taking on excessive debt. But Belgian economist Paul De Grauwe argued that what was actually happening was a self-fulfilling panic — basically a run on the bonds of countries that couldn’t provide a backstop because they no longer had their own currencies.

Sure enough, when Mario Draghi, the president of the European Central Bank at the time, finally did provide a backstop in 2012 — he said the magic words “whatever it takes,” implying that the bank would lend money to the troubled governments if necessary — the spreads collapsed and the crisis came to an end.