Central banking tsunami

posted by
January 16, 2011
The Daily Bell
by staff  
Posted in Commentary

"The economy will grow by three to four percent in 2011, according to Federal Reserve Chairman Ben Bernanke, but unemployment will remain. Meanwhile, according to Bernanke, the horrid spectre of deflation has been averted for the moment. Finally, banks are getting back to basics and making 'prudent loans,' instead of rash ones that led to the 'trouble' of 2008. Really folks, what's this man smoking?" (01/14/10)


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