The Bernanke of 2003
September 27, 2011 at 07:18 AM EDT
Ryan Avent reminds us of a depressing point: …Ben Bernanke seems to have forgotten everything he once knew about the crises in the 1930s and in Japan in the 1990s. America is sinking back toward recession while the global economy nears a cliff, and the Fed—by its own acknowledgment—has plenty of heavy ammunition sitting untouched [...]