It is mostly about FINANCIAL MARKETS:
Bernanke Themes:
- Talk about unique nature of the financial market crisis
- Recent history recapped, as only an economic historian could
- More about TARP
- Federal Reserve’s role in all this, relative to Treasury and FDIC
- Stabilization confidence talk
- Oops, a little talk about inflation again…
- Global coordination is still important
Full Text of Bernanke’s address to New York Economic Club.
(word analysis: wordle.net)
