Ben Bernanke actually said...

Fiscal policy is of critical importance, as I have noted today, but a wide range of other policies--pertaining to labor markets, housing, tr...

Monetary policy can be a powerful tool, but it is not a panacea for the problems currently facing the U.S. economy.

we should continue to press for a more flexible exchange rate.

I disagree. With so many Americans out of work, and with GDP growth having slowed to less than half of one percent annual rate in the first ...