Posted Jun 21, 2013 by Martin Armstrong
Ben Bernanke will leave office most likely in January when we have more Panic Cycles and that has been shaping up as a turning point. Bernanke is not dumb. He can see the problem with keeping rates so low and realizes they will rise on their own anyhow. The monetary easing is coming to an end and if anything the Fed will be selling US Treasuries. It makes sense for him to jump ship before the tide turns and he gets the blame. My bet – Janet Yellen will be the next Chairperson.