Read Ben Bernankes blog post Audit the Fed Is Not about Auditing the Fed onthe Web site
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Read Ben Bernanke’s blog post “‘Audit the Fed’ Is Not about Auditing the Fed” onthe Web site of the Brookings Institution: www.brookings.edu/blog/ben-bernanke/ 2016/01/11/audit-the-fed-is-not-about-auditing-the-fed/. Summarize Bernanke’s views in one or two paragraphs. How might a supporter of “auditing” the Fed respond to Bernanke’s arguments? (Note that the particular legislation Bernanke focuses on in this blog entry failed to pass, but some economists and policymakers support similar proposals.)
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