Mises Daily
Author:
Frank Shostak
Online Publish Date:
to destabilize financial markets. Most commentators have endlessly praised the innovative methods that Bernanke and his colleagues are introducing to counter the financial problems. Bernanke is of the view that by means of aggressive monetary policy the credit markets can be normalized. Once credit markets are brought back to — this undermines various bubble activities. The damage from the loose monetary policies of the Fed from January 2001 to June 2004 cannot be undone by trying to fix