Tuesday, September 13, 2011

Science by self declaration

Federal Reserve Chairman Ben Bernanke received what’s become a customary verbal thrashing at Monday night’s Republican presidential candidates’ debate just after a prominent Democrat took aim at some of Bernanke’s policy-making colleagues.

Both categories of criticism are unwarranted. Folks in Congress and aspiring to the White House have lost sight of the fact that an independent central bank is a prerequisite for an advanced economy.Neil Lipschutz

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