Ben Bernanke

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Ben Bernanke

An economist who became Chairman of the Federal Reserve in 2005. He presided over the 2000s economic crisis, supervising the bailouts and forced mergers of a number of American financial institutions. He was both lauded and criticized for favoring an expansive monetary policy, which proponents claimed kept the American economy from collapsing in the crisis, but which others argued would lead to inflation. He is considered an expert on the Great Depression.
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1%, real rates for Uncle Sam debt across the yield curve have actually risen, hence the Helicopter Ben angst in the FOMC.
2 per cent October jobless rate horrified the gnomes of the FX bazaar, who now believed that Helicopter Ben and the eminence crises of the FOMC conclave would act as the Eomommy dearestEo of Wall Street, the lenders, insurers, guarantors and fantasy weavers of the last resort.
Most troubling is the fact that Ben Bernanke was a chief advocate of easy money in the Greenspan-led Fed, earning the nickname Helicopter Ben for his threat to throw cash from helicopters to boost spending," said Browne.
Helicopter Ben showering Wall St with billions of freshly printed bucks should drive the value down, but it's up.
Most traders this morning are sitting on their hands waiting for Helicopter Ben Bernanke to release their minutes from the last FED meeting which took place on April 27<sup>th</sup>.
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