This is the quote of the day, from our esteemed Fed Chairman Ben
Bernanke, who has essentially thrown his hands up at the fact that
nothing he's done or can do will speed up the cycle...he's essentially
handed off the Jobless Unrecovery to Congress with today's appearance in
front of the joint economic committee...
“Monetary policy can be a powerful tool, but it is not a panacea for the problems currently faced by the U.S. economy...Fostering healthy growth and job creation is a shared responsibility of all economic policy makers.”
That sounds like...
“Monetary policy can be a powerful tool, but it is not a panacea for the problems currently faced by the U.S. economy...Fostering healthy growth and job creation is a shared responsibility of all economic policy makers.”
That sounds like...
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