Ben Bernanke, President Bush’s nominee to replace Alan Greenspan as chairman of the Federal Reserve Board, is known as “Helicopter Ben” in some circles for having famously once said that if necessary, he would fight inflation by flying over the country and throwing money out of a helicopter. And if the problem is deflation, he has said, the United States can “produce as many U.S. dollars as it wishes at essentially no cost.” Colorful stuff — and reason to hope that for Wall Street investors’ sake, he’ll measure his words a bit after confirmation.
Posted by Rhonda Holman
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3 Comments
LOL can I get a copy of his flight plan?
The sad truth is that many people will do everything they can to discredit this brilliant man, simply because of who nominated him. Blinders on, bashing forward.
Federal Reserve Board Chairman Alan Greenspan has done an excellent job.
Ben Bernanke is also the right man for the Federal Reserve Board Chairmanship.
Alan Greenspan has been able the keep fixed what Bush keeps breaking, as will Ben Bernanke.
Keep in mind that Bush does not have the sense to “pick” anybody. Smart people do that.
Brainless Bush can barely pick his nose.