經濟,財務,統計學,數理科學與政治評論

Dear American Fellows:

  The term of Mr. Bernanke is about the end. To be honest, I am a little unhappy to Mr. Obama when Mr. president turns his back to such a great man who helps the nation so much in the distressed time. Mr. Bernanke should be renominated to be the Fed leader again. Of course, it does not happen that way.

  Mr. Bernanke is a man with conscious. He knows what he should do and what he should not do. Mr. Bernanke knows a lot of things. Mr. Bernanke made many good decisions, such as let Mr. Krugman get into the Princeton when people think Mr. Krugman is too young at the time. In the end, Mr. Paul Krugman become the most influential economic scholar, a best writer with many hot-selling books, and an one who even won a Nobel Economic Prize. Mr. Bernanke knows how to improve the economy well, he did bring eight million American people back to their jobs. That is a great accomplishment. We should respect it.

  Mr. Bernanke does not agree with people who think those QEs and OTs just take care those people who can access the financial market to get lower cost to run business. Of course, it may seems to be true at the first glance. The reality is it does not show the new consideration on the banking side and those banks do reconsider what they had done before and what those acts had brought them with disasters they can not handle. It is a good thing when the society needs a big overhaul and the society needs some new industries we have not seen yet. It is the reason that we should not take those acts as granted as used to be. It just shows the great transformation of America today. Americans just need a great deal of those kind of things.

  A new nation with larger saving rates and with larger investment in its own education and technology development can go on and on. In old days, Americans speech, we listen. Now, the role is changing from the USA to China. We listen to waht Red China says. Americans needs to catch up again and to reinnovate its own nation once again. It is a road of no turning back, even without a look to the past. American people have to go on and on until you get another six million American people back to their jobs. That is a long term goal you have to be.