The Zombie Movie Mr. Bernanke Should Avoid
"In the four-plus years since Lehman's bankruptcy, I have gained increasing respect for Ben Bernanke's performance at the head of the Federal Reserve (which may be a bit unusual; I suspect most people either started out fans or were already critical and have become increasingly so). However, I continue to believe that Bernanke underestimates the threats posed by distortions in risk asset pricing resulting from extraordinary monetary policy. Furthermore, creative destruction motors capitalism forward and is key to the system's resilience; obstructing that process risks making the system more fragile."
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