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Wednesday, March 28, 2012

Monetary

News                                                                                                                             
WSJ | Fresh Warnings on Money Policies
Three global central-bank leaders warned that decision makers needed to be on alert for an array of risks associated with their easy-money policies.

Econ Comments & Analysis                                                                                            
CNN Money | Bernanke: Fed was 'helpless' in Lehman failure
The bailouts of Bear Stearns and AIG were "distasteful" but still necessary, Federal Reserve Chairman Ben Bernanke told students at George Washington University on Tuesday.

Blogs                                                                                                                             
Minyanville | Stop Blaming the Gold Standard for the Financial Crisis!
Some conventional and well-known economists have expressed the idea that a gold standard is a bad idea and that the gold standard was a major (and possibly the major) catalyst for the Great Depression. One well-known fellow surmises that an equivalent of the gold standard is the reason why today’s European financial crisis is going on.