Permanent public business boost the U.S. economy

Two years after the crisis, Bernanke against Friedman, nearly two years, can its claims policy has not had much success. Bernanke is now the focus of attention shifted to the money supply, and therefore the U.S. economy showing growth.
Recently, the U.S. economic data began to improve. In addition to the level of inflation remained at low levels, consumer confidence, manufacturing sector, services, auto sales, weekly jobless numbers and have improved the performance of the real estate industry. Although the unemployment rate still remained at 10% level, but some of the unemployment is due to the population of the unemployed have tried to re-enter the labor market caused. The U.S. economy is now creating more employment opportunities.
These achievements are positive the Federal Reserve open market operations accelerate the permanent stage. Permanent public service in the past the Fed's policy is different from its main purpose is to expand the money supply, where the number of the money supply is cash, demand deposits and time deposits plus total. Bonds purchased with the previous project, the permanent open market operations is not for the banking system, but to the entire system, "water" liquidity, by increasing the money supply for the demand for goods and services.