Description: Federal Reserve Chairman Ben S. Bernanke said the central bankâ€™s low interest rates didnâ€™t cause the past decadeâ€™s housing bubble and that better regulation would have been more effective in limiting the boom.
Questions for discussion:Â
- Do you agree with Ben Bernankeâ€™s views about the cause of the financial crisis? Explain your answer.
- What do you believe caused the crisis?
- What do you think financial managers can expect in 2010, with respect to interest rate movements and inflation?