By Kevin Cook
Let's get biases out of the way first. I'm a big Bernanke fan and have been since the financial crisis of 2008. But I'm open-minded enough to absorb new facts and modify that opinion at any time. It's just that he hasn't given me any reason to do so yet.
That said, we can now go over an imperfect timeline where he had the opportunity to screw up, and didn't:
Fall 2008 through Winter 2009: American banking system and economy on the brink of implosion. Ben, along with Hank Paulson at the Treasury, engineer extraordinary financial rescue plans to shore up banks and hemorrhaging industries.
Summer and Fall 2009: Financial media and politicians fiercely criticize Bernanke Fed for setting the stage for massive inflation, devaluation of the dollar, a threat to the US triple-AAA credit rating, and not having an "exit strategy" clearly outlined "before it's too
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