Bernanke's Back


As is too often the case in politics, the interesting speculations about his possible downfall come a cropper, and we will be able to blame/credit Ben Bernanke for the recovery/continuing disaster down the line as he's reconfirmed by the Senate as grand high poobah god king of the central banking system.

The anti-Fed movement that helped create the atmosphere that made it seem sweetly possible for just a second that this might not happen was profiled by me in Reason magazine's November 2009 issue. I profiled the beginnings of his alas successful re-election campaign back in July.