Bernanke’s Monetary Policy Is Doomed!

Last week Ben Bernanke wrote an article for The Washington Post to justify the Fed’s decision of another round of quantitative easing. Here’s his core argument: “Easier financial conditions will promote economic growth. For example, lower mortgage rates will make housing more affordable and allow more homeowners to refinance. Lower corporate bond rates . . . → Full Story: Bernanke’s Monetary Policy Is Doomed!