Bernanke on TV defends aggressive actions
Monday, July 27, 2009 : PermalinkTaping a "Bernanke on the Record" special that will air on PBS this week, the top U.S. monetary policy-maker defended the aggressive, even unorthodox actions taken by the Fed during the long recession and deep financial crisis.
"I was not going to be the Federal Reserve Chairman who presided over the second Great Depression," Bernanke said.
"When you’re in a situation like this, a perfect storm, sometimes you have to do things that are a little unorthodox, out of the box,"
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bernanke, federal-reserve, federal-reserve-chairman, financial crisis, great depression, monetary policy, pbs, perfect-storm, recession
