At a forum yesterday, former Fed Chair Bernanke said, “There is no sense in which expansions die of old age.” That might be true in Dr. Bernanke’s model of the economy, but the historical record suggests otherwise.
At a forum yesterday, former Fed Chair Bernanke said, “There is no sense in which expansions die of old age.” That might be true in Dr. Bernanke’s model of the economy, but the historical record suggests otherwise.
