Friday, September 12, 2008

Fed chief to reveals his decisive side

Contrary to his reputation in financial markets, Ben Bernanke is a longstanding advocate of decisive policy action to combat the risks to growth arising from asset price busts and problems in the banking system.

As an academic, his work on the Great Depression highlighted how a wave of banking crises was responsible for a big portion of the damage to the economy.

Read More

No comments: