Published 2 years ago

Bernanke: Fed’s slow response to inflation was ‘mistake’

Summary by Ground News

Ben Bernanke, former chairman of the Federal Reserve, said that he doesn't think bitcoin would take over as an alternative form of money. Bernanke made the comment after bitcoin fell more than 55% from its all-time high in November. The former Fed chair also said that bitcoin has the potential to serve as a store of value or digital gold.

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CNN

The Fed's slow response to inflation was a mistake, says ex-chair Ben Bernanke

The first rule of running the Federal Reserve is: You do not criticize the Federal Reserve.

2 years ago·Atlanta, United States

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KRDO

The Fed's slow response to inflation was a mistake, says ex-chair Ben Bernanke

By Nicole Goodkind, CNN BusinessThe first rule of running the Federal Reserve is: You do not criticize the Federal Reserve.An unspoken edict amongst former Fed chairs has been to not speak ill of their successors to preserve the apolitical nature of and trust in the institution. But former Fed Chair Ben Bernanke broke those rules on Monday morning when he said that the central bank had erred in its approach to addressing 40-year-high inflation.“…

2 years ago·Colorado Springs, United States

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New York Post

Fed’s slow response to inflation crisis ‘was a mistake’: ex-chair Bernanke

The banker who steered the US through the Great Recession blamed the Federal Reserves’ current leadership for moving too slowly to curb inflation. “I think in retrospect, yes, it was a mistak…

2 years ago·New York, United States

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CNBC

Bernanke says the Fed's slow response to inflation 'was a mistake'

Former Federal Reserve Chair Ben Bernanke said the central bank erred in waiting to address the inflation problem.

2 years ago·United States

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KVIA

The Fed's slow response to inflation was a mistake, says ex-chair Ben Bernanke

2 years ago·Panama City, United States

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The Hill

Bernanke: Fed’s slow response to inflation was ‘mistake’

Former Federal Reserve Chairman Ben Bernanke said the central bank made a “mistake” by responding too slowly to surging inflation. In a Monday interview with CNBC, Bernanke said the Fed shoul…

2 years ago·Washington, United States

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