Bernanke Blew It Big-Time: He Should Have Raised Rates Three Years Ago

by Charles Hugh Smith from Of Two Minds
ZeroHedge.com
Jun 7, 2016

It is now painfully obvious that Ben Bernanke blew it big-time by not raising rates three years ago when the economy and markets enjoyed tailwinds. The former Federal Reserve chairperson, who has claimed the mantle of savior of the global economy, foolishly kept rates at zero until tailwinds turned to headwinds, at which point he handed Janet Yellen the unenviable task of raising rates as the headwinds are strengthening.

The Rest…HERE

This entry was posted on Tuesday, June 7th, 2016 at 10:41 am and is filed under Conspiracy, Corruption, Economics, Government Evil. You can follow any responses to this entry through the RSS 2.0 feed.