Comments on: Bernanke deserves 6 out of 10 http://blogs.reuters.com/hugo-dixon/2014/01/27/bernanke-deserves-6-out-of-10/ Mon, 18 Apr 2016 14:55:08 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: birdy2 http://blogs.reuters.com/hugo-dixon/2014/01/27/bernanke-deserves-6-out-of-10/comment-page-1/#comment-741 Thu, 06 Feb 2014 10:51:28 +0000 http://blogs.reuters.com/hugo-dixon/?p=721#comment-741 You gloss over the fact that the whole bubble at the root of the 2008 crisis was caused by Greenspan. Instead of allowing the natural process of bankrupcy to clean up the “over exuberance” of the dot com era, he compounded the problems by hiding the losses through precisely the policies you claim earn Bernanke credit ! Yes of course allowing a natural re-adjustment of previous excess would be painful : if people get drunk, they will have a hangover. But trying to minimise that pain by money printing is making it all a lot worse for our children and grandchildren. It also makes the rich richer and the poor poorer today.

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