Wednesday, October 8, 2008

Ben Bernanke Oct. 7 Remarks

Ben Bernanke addressed the National Association of Business Economics about current economic conditions. Not surprisingly, Bernanke commented that the "financial systems in the United States and in much of the rest of the world are under extraordinary stress, particularly the credit and money markets." We can hope that Bernanke is correct that the bold actions of the government will have the effect of restoring confidence in the markets.


— JSM

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