Axe Bernanke?

Ex-Nixon official Kevin Phillips may be awful on economics – like his old boss – but it’s fun to see him going after Ben and the Fed, and recognizing Ron Paul as the key anti-Fed figure in America today. But Kevin, the problem in the 1930s was not too little inflation, no matter what Bernanke and Friedman said. Read one of those Austrian economists you excoriate to find out what really happened.