Bernanke addresses a Keynesian vs. Austrian question

Edit: CLICK HERE

As usual Bernanke dodges around the question and finally gets to his point around 6:50, that now is not the time to question the validity of the system, maybe sometime later once all this stuff has boiled over.

He also does it in a “Brainpolice” [:P] obfusacting manner in order to disguise the real point.

Edit: If the link doesnt work try to go through THIS BLOG

:cringes:

But good link nonetheless; he’s obviously worried about letting Austrian Economics becoming any more memetic then it might’ve gotten due to RP mentioning it on Leno.

The link doesn’t work for me.

Transcript.

I must concede that Bernake knows how to dodge a question, and answer in a manner that most, mostly ignorent in the subject matter, would find as well-thought.

ok got it thanks

love is fire example, do not think just do first think later. lol