bernanke on '29 :
"Without these policy blunders
by the Federal Reserve
, there is little reason to believe
that the 1929 crash
would have been followed
by more than a moderate dip
in U.S. economic activity,"
" moderate dip"
put him back then
in the chair
and he could have engineered
a soft landing
shortly followed by
another take off
wowza wowza wowza
like a modern doctor reviewing
the 14th century out brake
of the bubonic plague
===========================================
Posted by lady eve at October 28, 2005 07:51 AM
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