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Politics : Just the Facts, Ma'am: A Compendium of Liberal Fiction -- Ignore unavailable to you. Want to Upgrade?

To: Peter Dierks who wrote (44054)	1/3/2006 2:31:46 PM
From: Oeconomicus	Read Replies (1) \| Respond to of 90947

No, the one I linked. Dec. 7 WSJ, page one. And I've never heard anyone suggest Bernanke was soft on inflation (or relatively so). He advocates inflation targeting and greater transparency at the fed, and has warned of the dangers of deflation at times, but none of these things suggest a lack of concern for inflation. His is even more of a rules-based approach to monetary policy than that of Greenspan - focused primarily on maintaining a targeted mild inflation rate (e.g. 1-2%). It is a stricter inflation focus than we've ever had, so the criticism you suggest makes no sense. Perhaps you can point me to some of the "many economists [who] hold this view of him."