Tag archive for ‘Amity Shlaes’
By Bruce Krasting On Wednesday, February 29th, 2012
0 Comments

Sins Of The Past

Ben Bernanke has said many times that Marriner Eccles, the head of the Federal Reserve in 1936/37 made a mistake by tightening credit (raising reserve requirements). Bernanke blames Eccles’s actions for the 50% More...