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Bernanke: 4 questions (and 4 answers) on economic crisis

Bernanke speaks:

1. How Did We Get Here? What caused our financial and economic system to break down to the extent it has?

2. What Is the Fed Doing to Address the Situation?

3. Does the Fed's Aggressive Response Risk Inflation Down the Road? Could the Fed's aggressive actions to stabilize the economy today lead to an inflation problem down the road?

4. Why Did the Fed and the Treasury Act to Prevent the Bankruptcy of Some Major Financial Firms? Why did the Fed and the Treasury act to prevent the bankruptcy of some major financial firms, such as the investment bank Bear Stearns and the insurance company American International Group, or AIG?

[ Via BigPictureBarry ]


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