Paul Krugman On The Federal Reserve: 'Not Enough Inflation'

04/06/2012 08:39 am ET

A few days ago, Alan Greenspan, the former chairman of the Federal Reserve, spoke out in defense of his successor. Attacks on Ben Bernanke by Republicans, he told The Financial Times, are “wholly inappropriate and destructive.” He’s right about that — which makes this one of the very few things the ex-maestro has gotten right in the past few years.

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