Saturday, August 18, 2007

The Era of Ben Bernanke Has Just Begun!

A couple of days ago, a column in the local paper Hong Kong Economic Times criticized Bernanke for not lowering the Fed Funds rate. You could tell reading through his arguments that the writer lacks knowledge of elementary monetary economics.

So you want to hear what an expert in monetary economics has to say about Ben's latest move to cut the Fed's Discount Rate, read here.

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