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Is Ben Bernanke Descended From the Bourbons?

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DESCENDED FROM, DESCENDING INTO, WHAT DIFFERENCE DOES IT MAKE?
"Behind his white beard, Federal Reserve chairman Ben Bernanke has a wry sense of humour," writes the FT's John Cassidy, misspelling humor. Kidding! "Rather than conceding that he and his predecessor, Alan Greenspan, made a hash of things between 2002 and 2006, keeping interest rates too low for too long, he said the Fed’s policies were reasonable and the main cause of the rise in house prices was not cheap money but lax supervision.Searching in vain for a punch line, I was reminded of Talleyrand’s quip about the restored Bourbon monarchs: “They have learned nothing and forgotten nothing.”"
SOURCE:   Financial Times

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