The Classic Liberal Blog

Have you ever noticed that the Establishment always promotes and honors fools?

Ben Bernanke, one of the cheif engineers of the economic mess we're currently in, was named TIME Magazine's Person of the Year 2009.

What?

At least one group got it right. Ben Bernanke is the Villain of the Year 2009!

NIA Names Bernanke Villain of the Year 2009

The National Inflation Association today named Federal Reserve Chairman Ben Bernanke "Villain of the Year 2009." Although the mainstream media is widely praising Bernanke for preventing the next Great Depression, all Bernanke has done is create unprecedented amounts of inflation in unprecedented ways. When it costs $20 for a gallon of milk in a few years, Americans will have nobody to thank more than Bernanke.

While Bernanke believes the artificial excesses of the past decade to be normality, NIA believes normality would be going through a much needed recession in order to correct the imbalances that Bernanke made worse in 2009. The U.S. economy is riding high on its last dose of stimulus before the entire financial system overdoses and collapses. Bernanke has pushed the inevitable recession down the road while setting up the upcoming currency crisis.

The Great Depression of the 1930s came as a direct result of the Federal Reserve's creation in 1913 and their rapid increase in the money supply during the 1920s that led to an unsustainable credit-driven boom known as the "roaring twenties". This artificial boom needed to be corrected with a recession, but by the government interfering in the free-market, they increased the duration of the recession and turned it into the Great Depression.

Bernanke believes the government didn't do enough during the Great Depression, when in fact it was the Federal Reserve that caused it and the government's interference that made it worse. Bernanke was determined in 2009 to prevent the next Great Depression and although he has temporarily done so, he has accomplished this at the expense of a Hyperinflationary Great Depression next decade.

NIA finds it an insult to the world that Time Magazine today named Bernanke "Person of the Year." As further insult, they named "The Chinese Worker" runner-up. NIA believes "The Chinese Worker" should've won "Person of the Year," because it is their hard work and sweat that has allowed Americans to live beyond their means for so long. Americans have taken their standard of living for granted, not realizing their non-productive jobs are a sham and their wealth is a fantasy, created by Bernanke's ability to print money as a result of the U.S. dollar being the world's reserve currency.

The Trinity is Complete

Well, as we all reap what Krugman and Bernanke has sowed for us in the coming years, it's going to give the phrase, "Revenge of the Nerds" a fresh, terrible meaning.

Americans. It's time to give up the false hope of "leaders" and "intellectuals." They are but false idols. Ben Bernanke has deliberately set out to destroy the value of your dollars. He is not a hero. Bernanke is a crook.