Give Credit to Bernanke

Writes George R. Zachar: “Fed Chair Bernanke just dedicated the new Kansas City Federal Reserve building, with these remarks: Considering the Federal Reserve’s history, this location is a most appropriate site for a Federal Reserve Bank, with its new neighbor being the National World War I Museum at Liberty Memorial. Those who have an appreciation of U.S. history know that the Federal Reserve played an important role in support of the funding of the First World War and that the war forced the early Federal Reserve to contend with an uncertain global environment with wide-ranging monetary and economic ramifications. “Give … Continue reading Give Credit to Bernanke