In January of 2014 Ben Bernanke's term as Chairman of the Federal Reserve ends. During his tenure he has launched several attempts to stimulate the economy by increasing the money supply. By the end of 2013 it is expected that he will have quadrupled the FED's balance sheet since 2008. His policies have not worked and have come under fire from a number of prominent economists. The result has been asset bubbles and a growing divide between the rich and the poor (inflation always benefits the people who get the new money at the expense of everyone else). Only one member of the Board of Governors of the Federal Reserve has consistently opposed Bernanke's dangerous experimentation with the money supply of the United States and that person if Jeff Lacker.



