Word: econospeak
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...Bernanke may be made in Greenspan's image, but he'll do some things differently. He's known to be plainspoken. "We probably won't have to parse everything he says," says Kleintop. That would be a welcome change from Greenspan's often indecipherable econospeak, which came to be known as "Greenspam." Bernanke, a family man who has served on his school's board, is also known to be slightly more tolerant of inflation in pursuit of policies that promote growth. He has argued for adopting an inflation target rate, and making it public, to help demystify...
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