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Forbes: The World’s Most Powerful People 2012

5 of 11

6. Ben Bernanke

Chairman, U.S. Federal Reserve
Age: 59

Big Ben has been on a buying spree: In a third round of quantitative easing, the Fed is now snapping up $40 billion a month of mortgage-backed securities and $45 billion of treasuries. Result: modest economic recovery and a near-record $2.9 trillion on the Fed’s balance sheet. The American economy’s “adult in the room” recently warned that there is only so much the Fed can do; politicians are the ones with the power to keep us from going over that fiscal cliff.


More from Forbes:
Full List: The World’s Most Powerful People
Newcomers on the World’s Most Powerful People List
The Youngest Power People

The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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