Saturday 17 March 2018

Fionnan Sheahan: Politicians must be called to account for bank crisis

Fionnan Sheahan

Fionnan Sheahan

BEN Bernanke's entire approach to the global financial crisis is heavily influenced by the lessons of the past.

The former chairman of Princeton's economics departments is one of the foremost scholars of the Great Depression.

The US Federal Reserve chairman is almost haunted by the inaction of his predecessors in the Fed, the US central bank, which exacerbated the situation rather than helping to find a solution.

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