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In his latest AEI Economic Outlook, The Limits of Monetary and Fiscal Policy, AEI scholar and economist John Makin warns against further fiscal and monetary stimulus as pressure increases on the Fed to initiate another round of quantitative easing.
Chairman Bernanke can be faulted for not anticipating the severity of the global financial crisis, however he deserves some credit for helping stabilize the financial sector at a time of unprecedented instability.
On the heel of the recent JP Morgan fiasco, American Enterprise Economist John Makin makes the case for how Dodd-Frank is an insufficient guarantor of financial stability.
The reality of Ben Bernanke's press conference did not live up to the hype. The discussion was dry and undramatic and could only have been torpor-inducing to anyone outside the economics profession. In the pursuit of a notion of openness, the Fed will have lost its mystique.
On the occasion of the first-ever press conference by Federal Reserve Chairman Ben Bernanke on Wednesday, April 27, the following AEI scholars will be available to comment.
Instead of the Fed focusing on short-term goals, their focus should be on long-term inflation reduction, encouraging businesses to be more certain with their investments.
Additional quantitative easing, as proposed by Federal Reserve chairman Ben Bernanke, is a necessary, though not sufficient, measure to preempt deflation and a possible economic relapse.
The Federal Reserve chairman bets that mastering tactics will restore faith in an otherwise-undefined future. It is a difficult trick to pull off.



