Changing Views of Liquidity Traps. After he became Federal Reserve Chairman, Ben Bernanke no longer advocated a policy of increasing expectations of inflation in order to escape from a liquidity trap....

Changing Views of Liquidity Traps. After he became Federal Reserve Chairman, Ben Bernanke no longer advocated a policy of increasing expectations of inflation in order to escape from a liquidity trap. What factors do you think might influence the Chairman of the Federal Reserve to disavow an inflationist policy?