welcome back. former federal reserve chairman ben bernanke offering his account of the financial crisis in his new memoir, "the courage to act," giving us candid insights into the difficult time for the u.s. economy. joining us now is ben bernanke, author of "the courage to act." good to see you. >> thank you. >> thank you for joining us. how would you characterize the economy today? >> we're moving forward. moderate growth. i think the biggest drag on the economy now is the global economy. you see emerging markets being slow, tchina slowing down. that's a drag on us. our housing sector, auto sector, jobs being created, those things are pretty positive. >> housing and autos have been pretty strong, particularly autos. i'm glad you mentioned autos, that's one area that did come roaring back. in the book, you take us through the dark days in terms of when i always say the lights almost