Bancos Centrais e a Crise Financeira

Artigo aponta os erros dos bancos centrais em conter a bolha imobiliaria: The greatest error of central bankers has been their failure to understand the dangers posed by asset price bubbles. Former Chairman of the Federal Reserve Alan Greenspan led the central banking community in claiming that it was impossible to identify bubbles in advance. In fact, it's pretty easy to spot a bubble forming—many analysts, including Robert Shiller of Yale University and Andrew Smithers of Smithers & Company, correctly identified both the technology and real estate bubbles of the last decade in advance. Only the current Fed chairman Ben Bernanke and a few excitable property speculators or "flippers" were caught off guard when the property bubble burst. O artigo estava muito bom até a última parte em que o autor tenta botar a culpa da crise nas idéias de Friedman. Um caso clássico de má fé e/ou pura estupidez.