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You’re right, we did it.

http://en.wikipedia.org/wiki/Ben_Bernank…

Ben Shalom Bernanke (born December 13, 1953)… is an American macroeconomist who is the current Chairman of the Board of Governors of the United States Federal Reserve (“the Fed”)…

On Milton Friedman’s Ninetieth Birthday, Nov. 8, 2002 he stated: “Let me end my talk by abusing slightly my status as an official representative of the Federal Reserve. I would like to say to Milton and Rose: Regarding the Great Depression. You’re right, we did it. We’re very sorry. But thanks to you, we won’t do it again.”…

Heh.

This entry was posted on Saturday, January 27th, 2007 at 9:16 am and is filed under General. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

3 Responses to “You’re right, we did it.”

  1. Robert Marks Says:
    January 5th, 2009 at 1:06 pm

    The quote from Ben Bernanke is wrong. According to
    http://www.federalreserve.gov/BOARDDOCS/SPEECHES/2002/20021108/default.htm
    he actually apologised to Milton and Anna [Schwartz his coresearcher], not to Milton and his wife Rose.

  2. freeyourmind Says:
    April 4th, 2009 at 9:23 am

    1/6th of the population of the usa died during the great depression, and that was a plan and no apologies will every be excepted by this man. and the same thing is still going on by the same people all over the world.

  3. Instyler Says:
    March 31st, 2010 at 11:00 am

    Whatever deaths in the US depression of the 1930′s were the result of natural causes–not as a result of government poligy. It was not not like the great famine of the Ukraine in the Soviet Union during the 1930′s that killed millions of Ukrainians. The Ukrainians produced enough grain to feed themselves but Stalin wanted export money so he sold Ukrainian grain and let the Ukrainians starve.