"Whether giving public lectures or teaching at the Mises Academy, I'm often asked whether Bernanke will be able to "pull this off." Specifically, can the Fed gracefully exit from the huge hole it has dug for itself? Unfortunately my answer is no. In the present article I'll go over three possible exit options, and explain the flaws in each." Read more. "Three Flawed Fed Exit Options" Robert P. Murphy Mises Daily, March 14, 2011. Via the Ludwig von Mises Institute. Image by Antoine Henrich / FreeDigitalPhotos.net.