Monday, June 12, 2006

Bernanke Explained...

Brad DeLong explains the recent market turmoil, monetary policy and Ben Bernanke in just 202 seconds during his morning coffee. Watch it twice, then watch it again, then forward to your friends. It's good stuff.





And if you want to get a more detailed picture of what Brad's talking about, read these two Bernanke speeches from 2004: The Logic of Monetary Policy and Central Bank Talk and Monetary Policy.

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