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Look at Ben Bernanke's fat wallet!

Oct 9, 2015, 19:56 IST

Former Federal Reserve Chair Ben Bernanke was on the "The Late Show" with Stephen Colbert to talk about his new book The Courage to Act.

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"What is money?" Colbert asked Bernanke.

In response, the former Fed Chair whipped out his startling fat wallet and handed over a twenty-dollar bill, which Colbert pocketed.

"What is money? Does it have intrinsic value?" Colbert asked.

"No, it's good because other people take it just like you did."

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Bernanke then went on to explain that how the US financial system "almost completely cratered."

You can watch the full show here, but seriously, look at this monster of a wallet!

CBS

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CBS/ The Late Show

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CBS/ The Late Show

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