Bernanke´s Baseball Metaphor?

His latest post:

Saturday’s game also reminded me of one of the reasons that I like baseball so much. No other sport provides such a detailed record of performance, covering thousands of games and players back to the nineteenth century. That means that every game takes place in a rich historical context. In that context, Max Scherzer wasn’t pitching against the Pittsburgh Pirates; he was pitching against a standard of achievement established over decades. Thus, a one-sided baseball game on a hot and humid Saturday afternoon in Washington became a game that I and the other 41,000 fans there will always remember.

Bernanke´s “monetary policy pitch” was also memorable, but for negative reasons! He´s the “post-war champion” in the “worst pitch in the Nominal Spending category”!

BBs MetaphorThe outcome: Little real growth, low employment and below target inflation. A “triple crown” achievement!