I don't think this twist thingy will work reason being its main objective is to make people borrow who seem to be averse to borrowing under the current low rates. Reality is QE3 has to be implemented for some movement to take place.
@nab, copying & pasting culprit is known though hisah is not the one. We also do need a doom & gloom guy who'll keep our optimism in check with reality.
Btw Bernanke has been one of the best fed chair so far; kept inflation at a low, treasury yields low, a kind of a stable dollar etc during a period that the markets underwent a recession & might be going through another, 2 wars, an Arab uprising, a debt of $14 trillion etc
'They say money cannot buy me happiness but when i compare when i had none and now, i'm happier' Kevin O'leary