benevolent dictator

Bernanke Seems Clueless About the Real State of the Economy

Bernanke was placed into the position of chairperson of the federal reserve because he was willing to do what he is doing. "Seems" Is all it is.
But if fatalism was your prognosis are you to be made aware or should you be told all is right to maintain normalcy as long as possible. The factual numbers say it all yet no person has difinitvley defined the problem: total US debt-to-income ratio way too high, a current account deficit that has built for 30 years, an ever increasing M3-potential consequence builds to disaster as the world will abandon the dollar as the reserve currency and finally the credit default swaps that will need trillions of $ each time there is a $100 billion default of almost any bond that fails.

A solution is only possible when it is clearly and accurately defined to all that are involved.