Bernanke addresses a Keynesian vs. Austrian question

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AndrewKemendo Posted: Tue, Jan 13 2009 5:49 PM

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Edit: CLICK HERE

As usual Bernanke dodges around the question and finally gets to his point around 6:50, that now is not the time to question the validity of the system, maybe sometime later once all this stuff has boiled over. 

He also does it in a "Brainpolice"  obfusacting manner in order to disguise the real point.

Edit: If the link doesnt work try to go through THIS BLOG

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Nitroadict replied on Tue, Jan 13 2009 5:55 PM

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AndrewKemendo:

http://cosmos.bcst.yahoo.com/up/player/popup/index.php?cl=11519459

As usual Bernanke dodges around the question and finally gets to his point around 6:50, that now is not the time to question the validity of the system, maybe sometime later once all this stuff has boiled over. 

He also does it in a "Brainpolice"  obfusacting manner in order to disguise the real point.

:cringes:

But good link nonetheless; he's obviously worried about letting Austrian Economics becoming any more memetic then it might've gotten due to RP mentioning it on Leno. 

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Eric replied on Tue, Jan 13 2009 6:09 PM

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The link doesn't work for me.

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ayrnieu replied on Tue, Jan 13 2009 7:23 PM

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Transcript.

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laminustacitus replied on Tue, Jan 13 2009 7:57 PM

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I must concede that Bernake knows how to dodge a question, and answer in a manner that most, mostly ignorent in the subject matter, would find as well-thought.

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Eric replied on Tue, Jan 13 2009 9:54 PM

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Eric:

The link doesn't work for me.

ok got it thanks

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Eric replied on Tue, Jan 13 2009 9:58 PM

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love is fire example, do not think just do first think later. lol