The Corner

The Fed

Today on Uncommon Knowledge: as chairman of the Federal Reserve, did Ben Bernanke overreact to the crisis?  Gary Becker evaluates.

So, the question I would ask is with all these reserves that banks have now, why aren’t they lending more? That to me is really the important question.

 

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Peter Robinson — Peter M. Robinson is a research fellow at the Hoover Institution.
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