All Commentary
Tuesday, June 8, 2010

Fed Chief Says Recovery Won’t Feel Like It

“Federal Reserve Chairman Ben Bernanke says he expects a continuing economic recovery – ‘but it won’t feel terrific.’ In an interview at a forum late Monday in Washington, Bernanke dodged a question about whether he fears a double-dip recession, saying ‘nobody knows with any certainty.’” (CNN Money, Tuesday)

A rare confession of ignorance by the Fed chairman.

FEE Timely Classic
“How Inflation Breeds Recession” by Henry Hazlitt