Unindicted Blunderer

Forbes, Steve
September 2007
Forbes Asia;9/17/2007, Vol. 3 Issue 15, p15
The author argues that under the leadership of Ben Bernanke, the U.S. Federal Reserve Board has failed to control the excess money it injected into the economy through a series of interest rate increases. He is convinced that lenders and investors used this excess money without considering its negative economic effect. He contends that the Federal Reserves' inflation-related policy exaggerated the demand generated by the growing global economy.


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