Russel Roberts wrote:
The Great Depression was caused, or at least greatly worsened, by too little liquidity. Bernanke has avoided that mistake. He has instead committed the opposite mistake of too much liquidity and too few failures. Obama has praised him. How history judges him will be the real test.
I agree, though, without hindsight, I would think Mr Bernanke did fine job overall and deserves the re-appointment.
Source: Will Time Prove Ben Bernanke Wrong?
