Monday, September 24, 2012

Attention: Fed Chairman Ben Bernanke

Dear Ben Bernanke-

Today is my birthday-  I bet you don't care.

My question is:  which is more important to you:

A) Your legacy as an Economist, and Teacher, or
B) Your legacy as a Central Banker?

It seems that, following the Fed's announcement of unlimited MBS purchases (characterized in the popular culture as QE3, QE-INfinity, or my personal favorite, QEternity), That BOTH of your legacies are presently standing on shaky ground, and that your actions as Chairman of the Fed (the role of the Central Banker) are running in stark conflict/contrast to the fundamental economic laws you espoused and supported as a Teacher and  Economist...

So, just out of curiosity, which of these legacies are more important to you, personally?

Inquiring minds want to know...

1 comment:

  1. HOw come Ben Bernanke never responded.... ?