As the subprime mortgage and credit disasters continue to wreak havoc on world economies and pocketbooks, many are looking to Federal Reserve Chair Ben Bernanke for guidance and leadership in this tumultuous time. Fortunately, our Fed chief is one of the pre-eminent scholars of the Great Depression. Because of the market turmoil, Bernanke's treatment of the Great Depression has been finding a new audience of readers as media, policymakers, businessmen, professionals, and others--both in the US and abroad--seek to understand our present economic situation.
I saw his extraordinary soul searching face during the senate hearing(?), that face made me thinking that actually I can trust him – you see “face value” we call it, it is not my sympathy his monkish wretched face but rather I am not sure what it was but something thwack my mind that this anguish face takes all the weight of the problems, to save this current fiasco. When a crisis like this we all want to something or someone gives us the clinging-able rope that has essential power faith make us believed that this will be over soon! Bit of romantic notion time like this; dealing with harsh reality and same time flee from it, is economic romantic then? I don’t know if he were an author of the Dow 36,000? Probably he can do bit of a devil work -spread around rumor that people buying up a huge stock – the market is very much perceptive I think ? Of course he knows but pretend he doesn’t.
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