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
10 of the best beaches near airports Wait out your layover in the transit lounge? Or grab some sun, sand and surf? More
World's Top Employers for New Grads For an exclusive CNNMoney list, research firm Universum Global surveyed business students at colleges around the world to see where they most want to work. More
A White House press briefing as told by CNN's sketch artist The White House started banning cameras during some briefings, so CNN sent in sketch artist Bill Hennessy. More

Special Offer