In A Sudden Twist, A New Group Of Economists Are Blaming Bernanke For The Great Recession Ambrose Evans-Pritchard The Daily Telegraph (UK)September 24, 2012, 4:51 AMMonetarists from across the world can mostly agree on one thing. The US Federal Reserve caused the Great Recession. Fed chair Ben Bernanke kept policy far too tight after the US economy buckled in early to mid 2008. He allowed a collapse in the money supply to run unchecked, causing avoidable disasters at Fannie, Freddie, Lehman, and AIG later that year. Call it the "Bernanke Depression" if you want, a term gaining traction in elite...