Thursday, December 3, 2009

Bernanke's Confirmation Hearing

I was quite cheered to see Bernanke being given a bit of a hard time at his confirmation hearing today. I imagine he'll ultimately end up keeping his job but at least he didn't get away without being hit with a few tough questions, even if he did pretty much just dodge them.

I wonder how he'll be viewed when people look back on this period in 10 years? Will some central banker of the future make his name writing the definitive study of Great Depression II and Bernanke's role in it?

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