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Mar 25, 2012

Economy: Economic News, Policy & Analysis - The Washington Post: Why the Fed deserves props

Economy: Economic News, Policy & Analysis - The Washington Post
Economy News: Get the latest headlines and in-depth coverage of economic news, policy, analysis and more from The Washington Post.
Why the Fed deserves props
Mar 22nd 2012, 00:17

We have an unfortunate tendency in this country to treat people as either heroes or villains, with no gradations in between.

Take Fed Chairman Ben Bernanke. He's being called exceptionally vicious names by right-wing types for supposedly undermining our currency and planting the seeds for inflation — while also being excoriated by liberals for not doing enough to help the economy. Now comes The Atlantic, which calls Bernanke a hero on its cover, touching off yet another debate among the chattering classes, which, I suppose, include me.

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