Did you hear? Fed Chairman Ben Bernanke is advocating a weaker yen. OK, not exactly. But a sampling of his remarks in a speech he wrote in 1999 make a powerful case for the potential positive impact of a weaker yen [JPY=X 82.52 0.86 (+1.05%) ] on Japan's economy, and for why yen inaction would be so wrong. Alan Ruskin, global head of G10 foreign exchange strategy at Deutsche Bank, cites the speech in a recent note to clients and concludes that the comments "both summarize the case for deliberately weakening the yen and provide an outline for refuting the arguments usually used for why Japan cannot pursue such ... (full story)