OTHER OPINION: Blaming Bernake
Does Ben S. Bernanke, the Federal Reserve chairman, deserve the blame — or the credit, depending on your point of view — for Hosni Mubarak’s plight? Some seem to think so. Last August, Mr. Bernanke announced further Fed asset purchases known colloquially as “quantitative easing II,” or “QEII” for short. The goal was to ease monetary conditions in the United States and fuel growth.
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