Bernanke is worse than a common thief. Families can recover from the acts of thieves, but they won’t recover from this evil. While Wall Street celebrates, the rest of us are making less and paying more. Filth like Bernanke don’t care.
what about the bump up in retirement funds for those still working and or reinvesting dividends and interest?
Fix those and Bernanke will go back to worrying about inflation.
12 USC Sec.225a -CITE-
01/03/2012 (112-90)
TITLE 12 - BANKS AND BANKING
CHAPTER 3 - FEDERAL RESERVE SYSTEM
SUBCHAPTER I - DEFINITIONS, ORGANIZATION, AND GENERAL PROVISIONS AFFECTING SYSTEM
Sec. 225a. Maintenance of long run growth of monetary and credit aggregates
-STATUTE-
The Board of Governors of the Federal Reserve System and the Federal Open Market Committee shall maintain long run growth of the monetary and credit aggregates commensurate with the economy's long run potential to increase production, so as to promote effectively the goals of maximum employment, stable prices, and moderate long-term interest rates.