Ben Bernanke and the Fallacy of the Perfect Financial Storm

by Benjamin Domenech on 9:01 am August 4, 2009

“Calling what has happened over the past two years a ‘perfect storm’ treats problems in financial markets as if they were imposed from outside by a force of nature… [casting] the Fed chairman at the helm of a frail craft in a yellow slicker, trying to bring us home against odds stacked by wrathful gods.”

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