Dear Ben Bernanke, Gold & Silence Are Linked

So much for what we like to call the “verbal dollar.” Ben Bernanke, who as Federal Reserve chairman made verbosity a centerpiece of American monetary policy, is now telling central bank officials to “clam up.” That’s the headline the financial site MarketWatch put over a story about Mr. Bernanke’s complaints about the cacophony of comment from participants in key Fed meetings. It seems that nothing concentrates the mind of a central banker like America electing a president who says that a new gold standard would be “wonderful.”