Saturday, October 17, 2015

Ben Bernanke: I’m Ditching The Republican Party Because Of Their ‘Stupid Economic Conspiracies’

http://www.occupydemocrats.com/ben-bernanke-im-ditching-the-republican-party-because-of-their-stupid-economic-conspiracies/
"Ben Bernanke, former Bush appointee to Federal Reserve Chairman and former Princeton Economics professor slammed modern Republican economic policies in his new memoir. According to Bernanke, a life-long Republican, the far-right extremism that has taken over the Republican Party in the name of extreme conservatism: “It’s the stupid economics.…[they] saw inflation where it did not exist and, when the official data did not bear out their predictions, invoked conspiracy theories. They denied that monetary or fiscal policy could support job growth, while still working to direct federal spending to their own districts. They advocated discredited monetary systems, like the gold standard"."