Bernankeian Economics

ARTICLE - This article looks at Fed Governor Ben Bernanke's recent speech "Deflation: Making Sure "It" Doesn't Happen Here" and says it is one of most important speeches on Federal Reserve and monetary policy in the past fifteen years. The article suggests the speech does away with the idea that the Federal Reserve is independent from the government with subtle, but deliberate, inclusions.

The author Michael King teaches finance and economics at the Benedictine College in Atchison, Kansas. The

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