Originally Posted by
Rick Scarf
To be honest, Bernanke is an incredibly knowledgeable person on the topics he is in charge of, I really can't think of anyone who would be better than him in that spot in that aspect. (Bernanke has written papers in support of the gold standard by the way before he worked at the Fed). The problem is that the Fed is supposed to be outside the influence of political persuasion but that is faaaar from the case. Fed chairmen are very willing to carry out the President's wishes in regards to monetary policy.
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