#4 Ben S. Bernanke
Chairman
Federal Reserve
U.S.
Age: 55
Former chairman of Princeton's economics department and noted Great Depression scholar now guiding world's largest economy through Great Recession; has overseen massive growth in Fed's balance sheet, from less than $900 billion in liabilities in August 2008 to more than $2.1 trillion today. With federal funds rate now effectively 0%, the so-called Bernanke Doctrine calls for using monetary policy to stave off deflation. "The U.S. government has a technology, called a printing press, that allows it to produce as many dollars as it wishes at essentially no cost."
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