Bernanke of the Fed and His Financial Thinking

 Ben Bernanke has made an avid study of the actions of Franklin D, Roosevelt, in office during the Great Depression.

Roosevelt made many errors, including raising taxes, and enormous spending after signs of economic recovery became apparent. Roosevelt never got us out of the depression. The war effort did.

Yet, Bernanke is following a similar easy-money route that is not working.

Also, Roosevelt’s administration, as present-day Obama’s, was dedicated to class warfare and “soaking the rich.” (See the Earl J Weinreb NewsHole® comments and @BusinessNewshole tweets.)