Chaos on Wall Street
Apr 02, 2008
Here is an article from CNN Money, "Chaos on Wall Street," that tells you in simple terms the current problem and why the Fed Chairman is throwing money at it. Ben Bernanke is an expert on the 1929 crash and believes that the reason it turned into The Great Depression is because the Fed restricted the flow of money. So Bernanke is doing the opposite today, thinking that it is better to crash the dollar than to risk losing the whole economy.