This is a clip of the Q&A from yesterday’s Financial Services Committee hearing. In this clip, Rep. Scott Garrett of New Jersey makes a masterful takedown of Bernanke. It should be blatantly obvious from this clip, even though Bernanke still attempts to deny it, that the Fed was a primary contributor to the real estate bubble. Enjoy.
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Jeremy Jones, CFA is the Director of Research at Young Research & Publishing Inc., and the Chief Investment Officer at Richard C. Young & Co., Ltd. Jeremy is a contributing editor of youngresearch.com.