Bernanke Admits, After Decades Contrary, The Fed Is Powerless

By |2015-03-30T15:43:28-04:00March 30th, 2015|Economy, Federal Reserve/Monetary Policy, Markets|

Former Fed Chairman Ben Bernanke welcomed himself to the online economics community by initiating a personal blog at the Brookings Institute where he has landed as a Distinguished Fellow in Residence. This initial posting has created quite a stir, as you might expect, which has to be among the primary reasons for this venture. I suspect and detect, however, that [...]