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Ben Bernanke's Nobel Prize award rewrites the past while darkening future for a single word.

Eurodollar University

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What Ben Bernanke Says About the Great Depression

Milton Friedman and Anna Schwartz wrote a monetary history in 1963. They said the Great Depression, it was a monetary thing. What happened five years later? Financial crisis. Now you start to understand why they keep using the term financial because as Ben Bernanke arrogantly said in 2002, we've got all the rest of this covered. We know what we're doing. Thanks to Milton Friedman and English, Anna Schwartz, we have a good idea of what's going on monetarily. This is what we're saying. So it has to be financial, right? But wait a minute. In December 2008, before the announcement on QE and Zerp, the New Yorker did a article on

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