Fed Up

November 2005
New Republic;11/7/2005, Vol. 233 Issue 19, p7
The editorial comments on the nomination of Ben Bernanke to replace Federal Reserve Chairman Alan Greenspan. Bernanke is considered to be a top monetary economist who is apolitical with a tendency toward libertarianism. The editors argue that Bernanke should not completely follow Greenspan's policy. They suggest that Bernanke might adopt an inflation target for adjusting interest rates. The editors also hope that Bernanke does not attempt to influence fiscal policy.


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