economistsview.typepad.com - 11/20/2008
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Tim Duy lets loose:
Policy Adrift, by Tim Duy : I understand the Federal Reserve Chairman Ben Bernanke is considered
something of a sacred cow, our one point of light in an uncertain world. An
academic who cannot be questioned by other academics. A smart person who has
mastered the Great ...
newyorker.com - 11/24/2008
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newyorker.com —
Some are born radical. Some are made radical.
And some have radicalism thrust upon them. That is
the way with Ben Bernanke, as he struggles to rescue the American financial system from collapse. Early every morning, weekends included, Bernanke arrives ...
(more)
John Cassidy: Ben Bernanke and the financial crisis.
money.cnn.com - 11/24/2008
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money.cnn.com —
NEW YORK (Associated Press) - Federal Reserve Chairman
Ben Bernanke acknowledges he was wrong in believing that
there would be limited fallout to financial markets from risky mortgages that soured after the housing market's collapse. "I and others ...
(more)
Bernanke says he erred in gauging mortgage fallout
bloomberg.com - 11/20/2008
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bloomberg.com —
Bernanke May Find Deflation `Back on the Table'
as Fed Concern By Steve Matthews Nov. 20 (Bloomberg)
-- Five years after Federal Reserve Chairman Ben S. Bernanke helped stamp out the risk of deflation, the threat is returning as the financial crisis ...
(more)
Bernanke May Find Deflation `Back on the Table' as ...
Comments
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Morning Commentary
EconLog: Library of Economics and Liberty —
... is not convinced. And regarding the other member of the dynamic duo, Tim Duy writes , I see a distinct lack of leadership from the Federal Reserve, and it suggests that Bernanke has used up his bag of tricks. And I don't think that he knows what to do next. My opinion continues to be that you cannot prop up until you clean up. The first order or business is to shut down the weakest institutions. Only then should you look around and decide about capital injections and bailouts. We don't need a chief rescuer. We need a head janitor. Think of the financial sector as a bunch ...
Dr. Duy: Fed Policy Adrift
Calculated Risk —
Professor Tim Duy takes a hard look at Bernanke Fed Watch: Policy Adrift I understand the Federal Reserve Chairman Ben Bernanke is considered something of a sacred cow, our one point of light in an uncertain world. An academic who cannot be questioned by other academics. A smart person who has mastered the Great Depression and therefore “knows” what to do, and is providing the leadership to do it. I am beginning to question all of these assumptions. ... for now, I see a distinct lack of leadership from the Federal Reserve, and it suggests that Bernanke ...
Credit Markets: "Back in crisis mode"
Calculated Risk —
... This cartoon from Eric G. Lewis, a freelance cartoonist living in Orange County, CA. was inspired by Professor Duy's post last night: Fed Watch: Policy Adrift ...
Credit Crisis Indicators: Flight to Quality
Calculated Risk —
... This cartoon from Eric G. Lewis, a freelance cartoonist living in Orange County, CA. was inspired by Professor Duy's post last night: Fed Watch: Policy Adrift ...
Repeat: Four Bad Bears and Two "Experts"
Calculated Risk —
... This cartoon from Eric G. Lewis, a freelance cartoonist living in Orange County, CA. was inspired by Professor Duy's post last night: Fed Watch: Policy Adrift ...
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