Biz: Bernanke plans to save the economy with immaculate beard
- The Committee is prepared to provide additional monetary accommodation through unconventional measures if it proves necessary, especially if the outlook were to deteriorate significantly.
- Federal Reserve Chair Ben Bernanke • On his plans to prop the economy up if it makes a double-dip, which is looking more and more likely by the day. Bernanke is currently at the Kansas City Fed’s annual monetary symposium in Jackson Hole, Wyoming, and made the speech to a ton of central bankers. But think of it this way. He was making it to more than just then. He was also trying to reassure people who still get him mixed up with Paul Krugman, or on a really bad day, Thomas Friedman. source
