Juggling Hand Grenades

You have to hand it to Ben Bernanke, the soon to be departing Federal Reserve Chairman. He has presided over a monetary easing that should have provoked inflation, indeed even hyperinflation, but somehow managed to hold it off while watching US stock markets rise back to pre-recession levels, even if the gains seem to be measured in fiat dollars. Investors have realized that despite all of America's problems, markets in the rest of the world are even more unstable. Some will say he is no Alan Greenspan, but Ben Bernanke did help our economy survive what could have been a crushing blow. Let us hope who ever replaces him has as much skill or luck in holding our heads above water.