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Greenspan deserves a lot of blame as well

Posted on: November 30, 2017 at 16:13:01 CT
Knucklehead MU
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Bernanke was appointed chairmen of the Fed in January 2006. The bubble that burst in 2007 was well underway by that time.

But plenty of blame to go around. The basic problem is that big money has way to much influence on government and the media.

https://en.wikipedia.org/wiki/Ben_Bernanke

Edited by Knucklehead at 16:14:50 on 11/30/17
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Those who do not learn from History are doomed to repeat it - Knucklehead MU - 11/30 14:23:16
     RE: Those who do not learn from History are doomed to repeat it - 90Tiger MU - 11/30 14:29:55
          I am more a results orientated "trial and error" guy - Knucklehead MU - 11/30 14:43:04
               If you want to use the scientific method for evaluation - JeffB MU - 11/30 15:04:04
                    Bernanke was wrong, Peter Schiff was right... - JeffB MU - 11/30 15:05:21
                         Greenspan deserves a lot of blame as well - Knucklehead MU - 11/30 16:13:01
                              That is all true, though I think the Fed is the root of the - JeffB MU - 11/30 20:12:26
               If you're quantitative then you need to check your economic - 90Tiger MU - 11/30 14:46:10
                    Always good advice - Knucklehead MU - 11/30 14:47:25
                         Here's Paul Krugman's admission that the mainstream - JeffB MU - 11/30 15:10:47
                              Whenever I see anything from krugman I automatically - GA Tiger MU - 11/30 16:26:29
                                   It is actually a pretty good measuring stick in that way. (nm) - JeffB MU - 11/30 20:10:18
                         While you're doing that, it's more critical to check - 90Tiger MU - 11/30 14:57:05
     I stopped reading at the words - Ferg STL - 11/30 14:29:07
          it's yet another tired meme (nm) - 90Tiger MU - 11/30 14:31:15
     "wealth concentration" isn't what caused the Depression - FootballRefugee MU - 11/30 14:27:20
     If we can't actually afford a $50000 pickup truck - Rabbit Test MU - 11/30 14:27:19
          Liberalism definitely doesn't seem to be working. (nm) - JeffB MU - 11/30 14:28:53
               Globalism - Rabbit Test MU - 11/30 14:42:59
     There is no such thing as a consumer economy - pickle MU - 11/30 14:27:06
     Along those same lines, 'Why You've Never Heard of - JeffB MU - 11/30 14:26:47
     oh dear lord the stupidity (nm) - 90Tiger MU - 11/30 14:25:08
     Pssttt....guess what - MUGuy2004 STL - 11/30 14:25:01




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