After eight years at the
Bernanke joined the Federal Reserve's Board of Governors in 2002 and in 2006 was appointed chairman by President
By comparison, Bernanke is a youngster. The 60-year-old economist spent eight years as Fed chair -- eight years that saw America plunge into a recession and struggle to recover.
"I want people to understand what we knew, when we knew it, how we made decisions and how we dealt with the enormous economic uncertainty," he told the AP.
During the economic crisis, the Fed held regular and emergency sessions. Last week, it released hundreds of pages of transcripts from its 14 meetings in 2008, which include Bernanke's comments.
"You kind of get the sense that they were in the middle of a car wreck," the
Bernanke's previous books include "Principles of Macroeconomics" and "Essays on the Great Depression" -- to be clear, that's the one in the 1930s.