No comparison between now and 1930s, Bernanke says

Mon Dec 1, 2008 2:40pm EST
 
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AUSTIN, Texas, Dec 1 (Reuters) - U.S. Federal Reserve Chairman Ben Bernanke said on Monday there was no comparison between the U.S. economy's current ills and those suffered during the Great Depression.

"You hear a lot of loose talk," Bernanke said in answer to a question after delivering a speech on Fed policy. "Let's put that out of our minds. There's no comparison in terms of severity." (Reporting by Ros Krasny; Writing by Tim Ahmann)

 

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