NEW YORK ( TheStreet) -- Throughout the financial crisis I argued that we were in good hands with Ben Bernanke guiding the economy. I believe those who conclude that the efforts of QE1 were a failure are 100% wrong. The primary purpose of the Fed is to stimulate confidence in times of economic contraction and to temper inflation in times of economic growth.As much as we all want to believe that our economy is built upon a rock of fundamental safety, it is not. All economies do well in times of confidence and suffer from the lack thereof. Bernanke understands this and has consistently been able to provide the economy with jolts of confidence when it needs it most.
Apple Option Leaps With QE2
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