"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Former Fed Chairman Bernanke to Join Brookings Institution
Submitted by Emmett Harris on Tue, 2014-02-04 01:00
According to Brookings President Strobe Talbott, “His firm, steady hand at the Fed’s tiller came at a crucial time in our nation’s history, including during the worst financial and economic crisis since the Great Depression. We know he’ll bring insights from his tenure at the Fed to his work at Brookings.” Despite Mr. Talbott's glowing praise, Bernake's true legacy has yet to be written.
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