Disclaimer: I am by no stretch of the imagination an economist.
In listening to Ben Bernake's statement on the state of the economy and in consideration of the fiscal interventions as well as the pending economic stimulus package, its relevant to revisit the academic specialty of Mr. Bernake - the Great Depression. As I had written previously:
The Wall Street Journal (subscribers only) has come to the same conclusion I did about Ben Bernake, prospective replacement for Alan Greenspan - he’s been very influenced by his academic research into the Great Depression.
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