Former Federal Reserve Chairman Alan Greenspan recently said he sees asset bubbles everywhere in financial markets globally. And now, former Chairman Ben Bernanke sees policy errors making the next inevitable recession more problematic. We should all wonder about the perspective shifts of former Federal Reserve Chairmen after they leave. I keep wondering if they come to some realization about the true influence and impact of their work, especially during this period of extreme monetary experimentation. Let’s see if Janet Yellen decides to speak her mind soon too.
To read more about Bernanke's remarks, https://www.bloomberg.com/news/articles/2018-06-07/bernanke-says-u-s-economy-faces-wile-e-coyote-moment-in-2020.