Ben Bernanke on Federal Reserve, Great Depression

Ben Bernanke on Federal Reserve, Great Depression Play

March 20 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke speaks about the "Origins and Missions of the Federal Reserve" and the central bank's response to the Great Depression of the 1930s. Bernanke, speaking at the first of four lectures he plans to deliver at George Washington University, said the Fed failed during the Great Depression to keep prices stable and to fulfill its role as lender of last resort. (Source: Bloomberg)

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