Friday, August 7, 2009
Such complacency
Bernanke consistently got it wrong before the US housing bubble burst. Now, he is pumping up the money supply to revive the economy. Since his judgement has been so poor in the past, does anyone have any confidence that he is getting it right now?
Labels:
crash,
finance,
inflation,
insolvency,
interest rates,
UK,
US economy,
US housing bubble
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