Mises Wire
Author:
Charles Hugh Smith
Online Publish Date:
Bernanke blew it big-time, letting the “recovery” run seven years without any significant increase in rates. It is now painfully obvious that Ben Bernanke blew it big-time by not raising rates three years ago when the economy and markets enjoyed tailwinds. The former Federal Reserve chairperson, who has claimed the mantle of savior of the global