Ben Bernanke actually said...

As I have mentioned, it is a cost of these policies and it is one that we take very seriously.

Bernanke acknowledges the risks of the Fed's expansionary policies.

02/26/2013

More Ben Bernanke Quotes

It's no way to run a railroad.

The political challenge is to figure out how to do that.

I think it is consistent with our mandate and with our current policy to maintain price stability, and that is what we have been achieving.

I would argue that it is not responsible to focus all of the restraint on the very near term and do nothing about the long term.