In his latest weekly letter, John Hussman questions the actions of the FED and its Chairman, Mr. Bernanke. Check out the Fed's strategy of creating a bubble in a speculative assets, so that people feel richer and start spending more. That would cause us to enter into a virtuous cycle with increased production and higher employment levels. In the following article, you will find the objections to this approach has Hussman.
Hussman On Bernanke
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