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Conversation between AngeloDeOrva and Hamandcheese

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Hamandcheese said:

If you mean Bernanke worshipped Freidman, that is also horrendously exagerated. Bernanke (apparently) is merely like-minded with Freidman in terms of the role of the Federal Reserve in the great depression and probably a few other mundane issues. Bernanke isn't the kind of minarchist libertarian like Freidman was, nor would I imagine does he hold any of his views to the liberal depth that Freidman did. Indeed, less ideologically liberal than even his predessor, Greenspan. Subsequently, seeing the importance of regulation "lately" is a micheavous insinuation that is was some sort of new revelation. To my knowledge, Bernankes recomendations aren't out of character at all -- nor do I myself necessarily disaprove of them. They are a bit of redundancy that if implemented optimally will have no effect on markets at all except to prevent another mortage crisis which is itself anomolous and very unlikely to happen again.

In short, the point you are attempting is perplexing.

Posted 130 days ago.
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AngeloDeOrva said:

It seems even the Milton Freidman worshiping Ben Bernanke is seeing the importance of government regulation lately:

http:// www.federalreserve.gov/ newsevents/speech/ bernanke20080708a.htm

Posted 132 days ago.


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