At the end of a bad week for news on the economy, Federal Reserve chair Ben Bernanke said today the central bank is determined to protect the US from going the way of Japan in the 1990’s. He suggested additional purchases of long-term securities. Daniel Gross is business and economics columnist for Newsweek and Slate.com and author of Dumb Money: How Our Greatest Financial Minds Bankrupted the Nation.
KCRW
