Bernanke, a distinguished scholar of the Great Depression, took the helm of the Federal Reserve in 2006, right as cracks were beginning to appear beneath the seemingly solid foundation of the Great Moderation.
Posts tagged as “Ben Bernanke”
The global savings glut is a macroeconomic theory that posits that the world has experienced a significant surplus of desired savings over desired investment, leading to a decline in global real interest rates and contributing to major economic imbalances.