Comment: It all seems so simple

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DJP333's picture

It all seems so simple

When explained by Dr. Paul. So why doesn't Bernanke understand? Because he is just a pawn in monetary policy decisions. Check out what he said about recessions and the role of monetary policy:

"It’s not pessimistic, brother, because this is the blues. We are blues people. The blues aren’t pessimistic. We’re prisoners of hope but we tell the truth and the truth is dark. That’s different." ~CW