The Dangers of a Liquidity Trap

For those of you who might have been able to stand to watch it, Ben Bernankeâ??s testimony and questioning from the House and Senate this week would have done little to shake your belief that the Chairman is a good and decent man trying to do his best or that Congress is largely made up of a bunch of narcissistic and odious yahoos whose primary concern is their own reelection rather than the welfare of the American people.