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PR Newswire
26-03-2013, 03:07 PM
As economic crisis is usually a result of a lack of confidence in the currency, country and its government.
This usually results in a liquidity crunch.
To prevent this, he has released liquidity into the market. What makes Bernanke a legend? He increased liquidity without creating hyper-inflation. On hindsight, he could have steered US away from deflation (avoiding the Japan deflation curse).
This usually results in a liquidity crunch.
To prevent this, he has released liquidity into the market. What makes Bernanke a legend? He increased liquidity without creating hyper-inflation. On hindsight, he could have steered US away from deflation (avoiding the Japan deflation curse).