Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

10 of 10
BACKNEXT
The helicopter speech
The helicopter speech
Even before Ben Bernanke became Fed chairman, he had his fair share of detractors. Critics often point to a 2002 speech that earned him the nickname "Helicopter Ben."

Speaking as a Fed governor, Bernanke mentioned Milton Friedman's parable about how a "helicopter drop" of cash could spur inflation, if falling prices seemed a threat to the economy.

It was meant to be a simple way of calming investors, but unfortunately for Bernanke, Fed skeptics are still hounding him about it. As Bernanke's Fed injected billions of dollars into the economy following the Great Recession, he was often recast as the Fed chairman willing to throw dollar bills out of helicopters.



NEXT
Last updated March 24 2011: 3:05 PM ET
More Galleries
Homes in these ZIP codes are selling like crazy Strong job growth, growing interest from Millennials and affordable home prices are attracting home buyers to these cities. More
Working class whites & the government: It's complicated These Clearfield, Pennsylvania, residents are mad at D.C., but want more help. More
Dear Trump and Clinton: Here's what swing voters want These voices are based on interviews with American voters from the key swing states of Florida and Ohio. It's part of a special report titled "Your money, your vote," that will air on CNN on October 15. More

Special Offer