[dmichulke]

> Was he successful? Yes. We didn't suffer from a recession anywhere near the magnitude of the depression.

So he diagnosed the problem, set the goal (avoid recession), and the time frame (no immediate recession) and judged his success (no recession so yesss!).

Sounds a bit arbitrary to me, especially as now it becomes evident even to his disciples (Yellen, Kashkari, Powell) that the thing was merely postponed and aggravated.

[AnimalMuppet]

Given that the alternative was immediate recession (or worse, immediate collapse), a recession 14 years later is a win.

And, aggravated? You think the recession now is worse than what we would have had in 2008? I'm pretty sure you don't remember 2008 very accurately. Bernanke short-circuited a hurricane then, and you're complaining that it spawned a tornado 14 years later. Yes, the tornado is damaging. No, it's nothing like the hurricane.