Chairman Ben: Sucking You Dry a Drop at a Time

What we know, or should know, from the past is that once inflation becomes anticipated and ingrained — as it eventually would — then the stimulating effects are lost. Once an independent central bank does not simply tolerate a low level of inflation as consistent with “stability,” but invokes inflation as a policy, it becomes very difficult to eliminate.

A little inflation can be a dangerous thing by Paul Volcker

Yup, once the unwashed masses begin to see the Chairman in much the same light as this guy:

it can even sway elections.