Taping a "Bernanke on the Record" special that will air on PBS this week, the top U.S. monetary policy-maker defended the aggressive, even unorthodox actions taken by the Fed during the long recession and deep financial crisis.

"I was not going to be the Federal Reserve Chairman who presided over the second Great Depression," Bernanke said.

"When you’re in a situation like this, a perfect storm, sometimes you have to do things that are a little unorthodox, out of the box,"

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Tags: bernanke, federal-reserve, federal-reserve-chairman, financial crisis, great depression, monetary policy, pbs, perfect-storm, recession

Bloomberg – Gold climbed in Asian trading as equity gains and an improving economic outlook boosted demand for the metal as a hedge against accelerating prices.

The MSCI Asia Pacific Index of equities gained for a sixth day after an index of leading economic indicators in the U.S. topped projections, indicating the country may be emerging from recession. Federal Reserve Chairman Ben S. Bernanke wrote in the Wall Street Journal that the central bank “will need to tighten monetary policy” to prevent inflation.

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Tags: asia-pacific, bernanke, economic-outlook, federal-reserve, federal-reserve-chairman, gold, index of leading economic indicators, inflation, leading economic indicators, monetary policy, msci, recession, sixth day, wall street, wall-street-journal