They Did It, They Did, They Did It!
March 04, 2011 at 19:17 PM EST
Lately that seems to be message coming from current and past Fed officials regarding the housing and credit boom in the early-to-mid 2000s. First Ben Bernanke, then Vincent Reinhart, and now Janet Yellen have come out saying it was excess savings by foreigners and failings in the U.S. private sector that was the root cause [...]
