Galactic Wind - Forum
103 Helicopter Ben's Impeccable 'Inflation' Record According To His Words...
February 27, 2013 by ZH. Addressing a question yesterday, from Senator Bob Corker, on his "being the biggest dove since World War II" and the "degrading effects that he's having on society," Bernanke responded proudly that be believed his "inflation record is the best of any Federal Reserve Chairman in the post-war period."
Of course that is by his measure. We suggest, he and few of his transitory colleagues look at the chart below for a sense of just what his 'dovishness' looks like to the rest of the food- and energy-consuming world... or perhaps by 'best' he means 'most'.
"Well, maybe in some respects I am (a dove), but on the other hand, my inflation record is the best of any Federal Reserve Chairman in the post-war period, or at least one of the best, about two percent average inflation."
The true Bernanke era inflation is shown in the graph below...