TweetBen Bernanke presided over his first meeting as Federal Reserve chairman in March 2006 believing the nation's economy could pull off a "soft landing" from falling home prices. Three months later, Bernanke had begun to grasp that he and others had underestimated the risk housing posed to the economy.
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TweetBernanke needs to buy an Austrian Economics book and put Keynes's General Theory away.
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