Ben Bernanke's Biggest Mistake

Ben Bernanke's Biggest Mistake
Federal Reserve Chairman Ben Bernanke listens to a question during a news conference at the Federal Reserve in Washington, Wednesday, Dec. 18, 2013. The Fed will begin to reduce bond purchases by $10 billion in January because of a stronger U.S. job market.(AP Photo/Susan Walsh)
Federal Reserve Chairman Ben Bernanke listens to a question during a news conference at the Federal Reserve in Washington, Wednesday, Dec. 18, 2013. The Fed will begin to reduce bond purchases by $10 billion in January because of a stronger U.S. job market.(AP Photo/Susan Walsh)

New documents show the Fed’s critical error in focusing too much on banks rather than the real economy.

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