It does not seem so odd. He has worked on the subject of years. Also, he seems to be suggesting -- based on a very quick skim -- the Fed could possibly unleash a crisis if it tries to break the bubble.
On Tue, Mar 02, 2004 at 07:44:15PM -0500, Doug Henwood wrote:
> [odd choice of topic for a Fed governor]
>
> From: Federal Reserve Board Notification <FRBoard-WebAnnouncements at FRB.GOV>
> Subject: FR Board: Speech by Governor Bernanke
>
> The Board of Governors of the Federal Reserve System has released
> the following speech:
>
> Money, Gold, and the Great Depression
> http://www.federalreserve.gov/boarddocs/speeches/2004/200403022/
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-- Michael Perelman Economics Department California State University Chico, CA 95929
Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu