Word: nostalgiac
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Dates: during 2000-2009
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Investors who never stopped griping about the cryptic statements of former Federal Reserve Chairman Alan Greenspan may already be getting nostalgiac. In most relationships, brutal honesty (or transparency, as it's known in business-speak) is a double-edged sword, and never was that more apparent than in the swift reaction to Monday's candid comments by Ben Bernanke, Greenspan's relatively straight-talking succcessor at the Fed. In a speech to an international monetary conference, Bernanke took a hard stance against inflation and implied interest rates would continue to rise in order to keep inflation in check...
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