Zero Hedge has twenty questions (plus two bonus questions) for Federal Reserve Chairman Ben Bernanke. Some of the questions are clearly rhetorica but some I’d genuinely like answers for. For example:
1. The rescue packages in 2008-2009 were all aimed at restoring CONFIDENCE to the financial system. Yet from 2001 to 2011 the DXY is down 41.5 and gold is up 473%. Does this not equate to a loss of confidence in the US monetary system? If not how would you explain this phenomena?
and
6. You have stated that you believe high food and fuel prices to be transitory. Can you define transitory? And define what you believe to be a return to normalcy for food and fuel prices.
Read the whole thing.
