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.
Jeremy Jones, CFA
Latest posts by Jeremy Jones, CFA (see all)
- Grantham’s GMO says U.S. Stock Bubble is Busting - January 18, 2019
- Is a Shaky Outlook for Aluminum a Shaky Outlook for the Global Economy? - January 17, 2019
- Is Indexing Hurting Competition? - January 16, 2019