23 September 2008

The Shrill One Speaks

Paul Krugman makes a very good note here about the performance of Ben Bernanke, that Bernanke overstated the power of central banks in these sorts of financial meltdowns, and that dropping money from above does not work as well as he had previously anticipated.

It's a slightly wonkish post, but for the economics groupies out there, it's a worthwhile read.

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