Helicopter Ben Needs to Pick Up His Game
September 18, 2011 at 15:34 PM EDT
Federal Reserve Chairman Ben Bernanke is often characterized as a inflation-monger. There’s just one problem with that criticism. As David Leonhardt demonstrates in the New York Times, when it comes to inflation, Bernanke is a piker compared to most of his predecessors: Inflation has averaged just 2.3% under his leadership (as officially measured), less than [...]