Federal Reserver Policy in the Subprime Crisis
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Submitted by Businomics Blog
The Wall Street Journal’s Greg Ip has a great article today, “Bernanke, in First Crisis, Rewrites Fed Playbook.” (Subscription required, and well worth the price.) The story is written in a narrative that reads almost like a thriller. Almost, because it is Federal Reserve policy, after all. Ip explains Bernanke’s economic views, and how he relied on a number of savvy advisers for up-to-date market information.
