“When you play in Los Angeles, you meet movie stars,” Nationals outfielder Jayson Werth says. “When you’re playing in Washington, you meet people that run the world. That’s pretty cool. But you have to win. These people weren’t around last year when we weren’t winning.”
Werth tried to ask Bernanke questions about QE3, the latest round of economic stimulus, but Bernanke preferred balls and strikes, Werth says: “He wasn’t talking about that economic stuff. So we talked about baseball, and it was a hoot.”
You know who else is talking about that conversation? Bernanke. Yup, the Fed Chairman decided to work in some Werth references on Monday, during his speech at The Economic Club of Indiana, titled “Five Questions about the Federal Reserve and Monetary Policy.” (Bernanke, you’ll recall, is a massive Nats fan.) Anyhow, here ya go:
I know from much experience that people are eager to know more about the Federal Reserve, what we do, and why we do it. And that interest is even broader than one might think. I’m a baseball fan, and I was excited to be invited to a recent batting practice of the playoff-bound Washington Nationals. I was introduced to one of the team’s star players, but before I could press my questions on some fine points of baseball strategy, he asked, “So, what’s the scoop on quantitative easing?” So, for that player, for club members and guests here today, and for anyone else curious about the Federal Reserve and monetary policy, I will ask and answer these five questions:
And so on and so forth. The Nationals also came up during his post-speech Q&A. More on that later, with any luck.