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