Ben Bernanke and the bong

John Hempton at Bronte Capital reckons that Ben Bernanke needs a Hawaiian shirt and marijuana pipe. I'm not entirely convinced, but he makes a compelling case. If the USA wants to stick the Chinese with at least some of their financial losses in the next 5-10 years, he contends that you need to make the American people believe that Bernanke can't be trusted with their money, and they should spend it now before inflation renders it value-less.

Personally, I'd get Bernanke elected to the Senate, maybe in a Louisiana or Illinois seat. That should do the trick.

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