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Bernanke-Greenspan?s Fed Failed Economy, Created Bubbles: Books, Review by James Pressley


“As dollar bills fall from the skies, this might be a good time to ask how we got into this mess in the first place and how we might prevent a future crisis. George Cooper offers a cogent answer in ‘The Origin of Financial Crises: Central Banks, Credit Bubbles and the Efficient Market Fallacy.’ Cooper, a veteran central-bank watcher and fixed-income analyst, is a principal of Alignment Investors, a unit of London hedge fund BlueCrest Capital Management Ltd. His argument is disarmingly easy to grasp.”

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