If Chuck Norris were FED chairman, he wouldn't need a sissy tool like printing money to cause inflation - he would just look at prices the wrong way and they would go higher.
he would be most effective wearing several hats - the fed chairman, the entire army,navy and airforce and the president..... obviously
Chuck Norris would attack Iran and North Korea and put people who think it is not his job into the printing press.
Chuck Norris would just bend the yield curve with his arms until 30 years returns cross one month returns, then he would decide what that means for banks...
Chuck Norris would invent a new type of bond: You buy it cash now and then you have for example 5 years to pay it back at a modest rate.