Ben Bernanke has to settle for second fiddle
Remember Alan Greenspan, former Fed chairman, whose every gnomic utterance moved markets? He developed a reputation as a genius, a soothsayer who could predict the future. Of course he could: he shaped the future. In fact, Greenspan had power, not prescience. No one said Genghis Khan was a genius when he predicted someone was going to be flayed alive, impaled and hung out to dry outside the imperial ger.
Greenspan’s successor, Ben Bernanke, does not attract the same attention. One reason could
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