Ben Bernanke was wrong
Sunday, July 26, 2009
Wow. Lots of Ben Bernanke news for a Sunday and there isn't even a new crisis. Dueling op-eds appear in the New York Times by Nouriel Roubini and Anna Scwhartz and the WSJ Real Time Economics blog reports on the Fed chief answering questions before a PBS audience in Kansas City. The PBS video won't be broadcast for a few days, so, in the meantime, there's this:
A quip from Schwartz: "Mr. Bernanke seems to know only two amounts: zero and trillions".
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