Thursday, August 26, 2010

Bernanke's top tool now may be power of persuasion

Without any easy options left, Fed Chairman Ben Bernanke must try to prevent another recession by persuading people and businesses to feel confident enough about the future to spend more today.

Perhaps he should go on 60 Minutes and talk about green shoots again. God helps us all if that is his only option left.

Read the entire article here.

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