19 ms·
Bernanke on the Great Depression: "Let me end my talk by abusing slightly my status as an official representative of the Federal Reserve. I would like to say to
by arminiusreturns 4y ago
Bernanke on the Great Depression: "Let me end my talk by abusing slightly my status as an official representative of the Federal Reserve. I would like to say to Milton and Anna: Regarding the Great Depression. You're right, we did it. We're very sorry. But thanks to you, we won't do it again."
https://www.federalreserve.gov/BOARDDOCS/SPEECHES/2002/20021108/default.htm https://www.federalreserve.gov/BOARDDOCS/SPEECHES/2002/20021...
- boppo1 4y agoDo you know if Greenspan made any remarks explaining why he changed his mind about the gold standard[0] and embraced interest rate intervention? [0]https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.math.snu.ac.kr/~hichoi/finmath/AlanGreenspan-GoldEconomicFreedom.pdf&ved=2ahUKEwiu5vDeoYv5AhVHIzQIHfMeCL8QFnoECAgQAQ&usg=AOvVaw3iOZaxPe7M9JVKbHzn8vTE https://www.google.com/url?sa=t&source=web&rct=j&url=https:/...