Sunday, November 10, 2013

The Crisis as a Classic Financial Panic

History repeats itself.

History repeats itself. Everyone knows this. But people tend to ignore that fact. 

Acknowledging history - economic or otherwise - is the best policy.


The Crisis as a Classic Financial Panic

Chairman Ben S. Bernanke
14th Jacques Polak Annual Research Conference
Washington, D.C., November 8, 2013