Bernanke: The chairman is clearly a man who fervently believes in his own cooking - that Fed...
Bernanke: The chairman is clearly a man who fervently believes in his own cooking - that Fed purchases of assets will trickle through to stock prices, house prices, (but not commodity prices), and - if continued for long enough - will somehow bring unemployment down. Fight it if you must, but QE will be the monetary law of the land for a very long time.
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