The ex-chair of the Federal Reserve Ben Bernanke wants to convince people that he is not liable for low interest rates. On Monday, Bernanke shared his views in a blog post to tell how inflation and the economy are the reasons behind lower rates and he is not the one to be blamed.

Bernanke told senior citizens that he didn't create problem for them. He wrote, "When I was chairman, more than one legislator accused me and my colleagues of 'throwing seniors under the bus' (to use the words of one senator) by keeping interest rates low. I was concerned about those seniors as well".

At present, Bernanke is a Distinguished Fellow in Residence with the Economic Studies Program at the Brookings Institute. If Brookings permits Ben to keep on doing this sort of self-serving analysis, it should be afraid of its own trustworthiness.

The issue is that Bernanke didn't mention quantitative easing (QE), the radical extension of Fed policy. QE led to lower rates and created trouble for seniors depending on interest income.

Bernanke said in a statement that he has become a civilian again and he can again comment on financial and economic issues. He added that what he says should not be put under analysis by Fed watchers.

The first blog post raised questions about low interest rates in the United as well as around the world. According to Brookings, Bernanke's blog would also talk about baseball some times as he is a big baseball fan. Bernanke was Fed chairman from February 2006 until January 2014. He wrote a book related to the reasons and government responses to the 2007 to 2009 financial crisis.