Harare, Zimbabwe. Ben Bernanke is very pleased with his visit at the central bank in the Zimbabwean capital, Harare. Dr. Bernanke is visiting his Zimbabwean colleague, Reserve Bank Governor Dr. Gideon Gono, and the Zimbabwe President, Dr. Robert Mugabe, to learn sound economic and monetary policy.
As the world knows, the Reserve Bank of Zimbabwe, with the support of President Mugabe, has for quite some time now been running a highly successful monetary policy, which has brought unprecedented prosperity to this African nation and the region in which it lies.
Fed Chairman Bernanke had scheduled a meeting with the bright Zimbabweans back in August last year. Chairman Bernanke decided that he had to do something about the crisis that arose.
However, Gono and Mugabe are popular as brilliant economic advisors, so the visit could not take place before now, just before Easter.
Dr. Alan Greenspan, when asked what he thought of the visit, said he finds it "reassuring that Dr. Bernanke understands where to learn good monetary policy."
Treasury Secretary Geithner commented that he would have liked to go with the Fed Chairman, revisiting a country where he lived as a child, but Mr. Geithner is confident that Dr. Bernanke is perfectly capable of printing money out of thin air like crazy without being baby-sitted by the Treasury Secretary.
Ben Bernanke returns to the United States with his newly acquired wisdom for Easter.