Ben Bernanke isn’t talking to us in the title of his new
account of the 2008 financial crisisnovel, he’s talking to the gentlemen paying his speaker’s fees.
“When the economic well-being of their nation demanded a strong and creative response, my colleagues at the Federal Reserve, policymakers and staff alike, mustered the moral courage to do what was necessary, often in the face of bitter criticism and condemnation. I am grateful to all of them.”
As with all Fedspeak, you have to translate it into English. What he so bravely did was bail out the owners of the large banks at the cost of the US economy. The USA will now never exit the debt-prison into which Helicopter Ben locked it without a catastrophic meltdown.
I think we’re going to need to get a ruling from MidAmeriCon if The Courage to Act will be eligible for Best Novel next year. It certainly contains more fiction than the average fantasy novel.