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Bernanke Reaches Point of Recognition
Posted by: Mish
Date: 01/12/2008 05:25AM
Bernanke Reaches Point of Recognition
http://globaleconomicanalysis.blogspot.com/2008/01/fed-reaches-point-of-recognition.html
The question now is: Will Bernanke courageously re-think the Fed's mandate and appropriate actions thereof, or will he foolishly follow the footsteps of Japan by pursuing the ideas he outlined in one of the most ridiculous Fed speeches ever Deflation: Making Sure "It" Doesn't Happen Here.
Mish
http://globaleconomicanalysis.blogspot.com/2008/01/fed-reaches-point-of-recognition.html
The question now is: Will Bernanke courageously re-think the Fed's mandate and appropriate actions thereof, or will he foolishly follow the footsteps of Japan by pursuing the ideas he outlined in one of the most ridiculous Fed speeches ever Deflation: Making Sure "It" Doesn't Happen Here.
Mish
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