Thursday, February 27, 2014

NPR Report on Taxi Medallion Rising Prices Due to "Ben Bernanke effect"

Evan Mazur emails:
Saw your post on taxi medallions (The "There Is No Inflation" Report: Taxi Medallion Auctioned for Record-Setting $965,000) - thought you might be interested in this NPR broadcast from Nov. 2011 where they specifically said the "Ben Bernanke effect" caused medallions prices to rise (direct link) (skip to 5:30 into the audio):


1 comment:

  1. Ha! Would it not be appropriate to call accelerated inflation the "Ben Bernanke" effect? I think so.