New side of Bernanke: blogger provocateur
Former Fed chairman's blog is mainly for people with an insatiable interest in monetary policy, but it has its charms
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New York
BEN Bernanke's blog - titled, with the caution of a former Fed chairman, "Ben Bernanke's Blog" - is mainly for people with an insatiable interest in inflation targeting, the zero lower bound on rates, and the term premium on 10-year Treasury notes. In other words, people who got food thrown at them in middle school.
Yet, it has its charms. Mr Bernanke still knows how to get attention (now by other means than saying, or not saying, "measured steps"). Already he has started an online argument with former treasury secretary Larry Summers, himself a skilled combatant; criticised Germany for its big fat trade surplus; and, on Wednesday, offered what looked like unsolicited advice to his former colleagues on the Fed's rate-setting Federal Open Market Committee (FOMC).
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