Skip to content

Bernanke Admits Fed Caused Depression

August 2, 2009

Ben Bernanke to Milton Friedman at the latter’s 90th birthday celebration in 2002:

“I would like to say to Milton and Anna: Regarding the Great Depression. You’re right, we [the Fed] did it. We’re very sorry. But thanks to you, we won’t do it again.”

July 17, 2009 Newsweek

Advertisements
from → Economics, Quotes, the welfare/warfare State
No comments yet

Leave a Reply

Fill in your details below or click an icon to log in:

Gravatar
WordPress.com Logo

You are commenting using your WordPress.com account. ( Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. ( Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. ( Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. ( Log Out /  Change )

Cancel

Connecting to %s

%d bloggers like this: