Sunday, April 29, 2012

Quote of the Day


I think what’s happened to Bernanke, as they say, he’s been assimilated by the Borg. He’s become more concerned, probably unconsciously, with defending the Fed’s institutional safety, because it’s the apostle of price stability, than with doing whatever he can to get this economy moving. Which if he’d listened to Professor Bernanke, himself 10 years ago, he would know that he was supposed to be doing more.
Paul Krugman

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