Larry Kudlow Makes A Stunning Admission About Changing His Mind On Bernanke
CNBC host Larry Kudlow is a throwback to a 80s supply-side conservatism, which has maintained that any interference in the free market is damaging, and inflation is the primary evil against which the Fed should be on guard. Throughout the economic crisis, he's criticized the lax policies of Bernanke. Here in late November he wrote for The National Review Gold Slams Bernanke, worrying that a sagging dollar would lead to inflation, against which Bernanke had no good defense. Mr. Bernanke just doesn’t get that inflation-sensitive market-price indicators — like rising gold, oil, and
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