One thing is for certain: Bernanke is committed. But so is a one-trick pony. However, is blind commitment to a theory a virtue or a frailty? The Federal Reserve chairman continues to push the chips out to the center of the table with both hands. He knows that low interest rates create employment. He is certain. Well, pretty certain. ... MOREBruce Johnson's Bernanke's Cow Bell In The Night
One thing is for certain: Bernanke is committed. But so is a one-trick pony. However, is blind commitment to a theory a virtue or a frailty? The Federal Reserve chairman continues to push the chips out to the center of the table with both hands. He knows that low interest rates create employment. He is certain. Well, pretty certain. ... MORE