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Wednesday, December 02, 2009

Bunkum-Babbling Ben Bernanke

Federal Reserve chairman Ben Bernanke is a devotee of Keynesian economics, which is to say that he is incapable of learning from experience.  Either he can’t comprehend that the Fed’s excessive fiat money creation always precedes bubbles of economic exuberance, or he insanely proposes to continue repeating the Fed’s cheap money policies, ever hopeful of a different result.

Posted by Thomas E. Brewton on 12/02 at 09:51 PM
Economics • (12) Comments
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