They tremble at the realization that his mega money printing and manipulation of long-term interest rates are powering waves of irrational exuberance.

FORBES: Despair and Hope Beyond Chairman Bernanke's Monetary Cliff

Their best response to Bitcoin is irrelevancy, or failing that, extreme gold-like market manipulation for as long as possible.

FORBES: Government Ban On Bitcoin Would Fail Miserably

A. Hayek long ago pointed out the dangers of monetary manipulation to underprice credit and encourage risk taking.

FORBES: The Federal Reserve's Flawed Approach To Monetary Policy

Unlike today, these rock-bottom yields were not obtained by every sort of central bank manipulation imaginable, but reflected the long history and expectation for monetary and macroeconomic stability that the gold standard system provided.

FORBES: The 1870-1914 Gold Standard: The Most Perfect One Ever Created

Also, the market manipulation continued well into 2010, or long after RBS's management was replaced at the end of 2008 following the collapse of the bank and its partial nationalisation.

BBC: Heads may roll at RBS over Libor

Her research will produce a unique, robust platform that allows for the first time high sensitivity detection of biomarkers without cell manipulation, with high temporal resolution, and for long continuous periods of time.

UNESCO: 2010 UK and Ireland Winners

Given that there are a number of reporting banks, their trading positions often being opposite to each other, the reported manipulation would not have much even short term effect on LIBOR and almost no long term effect at all.

FORBES: What Should Be The New LIBOR?