Come here often? Make XFINITY.com your homepage » close

close

Your XFINITY Connect session has timed out due to inactivity. Click here to go back close

World's 10 Most Powerful People

8. Ben Bernanke

Age: 56
Title: Chairman
Residence: Washington, DC
Country of citizenship: United States

Some argue Fed's influence is at all-time high, given size of its burgeoning balance sheet ($2.3 trillion) relative to the underlying economy ($14.3 trillion). But Bernanke's options have waned since peak of the financial crisis. He now has essentially only one arrow left in his financial quiver: quantitative easing--in layman's terms, "printing money." He last employed the technique in 2008 and is widely expected to repeat the move this month. At least he's honest: "The U.S. government has a technology, called a printing press, that allows it to produce as many U.S. dollars as it wishes at essentially no cost."

(Alex Wong/Getty Images)

Ad Info - Ad Feedback

Ad Info - Ad Feedback

Loading...