interestrateripoff Posted June 18, 2011 Share Posted June 18, 2011 http://www.scribd.com/doc/58127654/Hmmm-Jun-14-2011 With that having been stated for the record, we’ll leave this subject here for now but notwithout one last statement that I personally guarantee will come back to torment the esteemed Chairman of the United States Federal Reserve.BERNANKE: There really is no problem with raising rates, tightening monetary policy, slowing the economy, reducing ination at the appropriate time. … Q: You have what degree of confidence in your ability to control this? BERNANKE: A hundred percent. Although to be fair the quote doesn't say how Bernanke is 100% confident, perhaps he's 100% confident he'll induce Weimar hyperinflation? More joyous quotes in the article. Quote Link to comment Share on other sites More sharing options...
Errol Posted June 18, 2011 Share Posted June 18, 2011 I'm 100% confident that the Bernanke is deluded. Quote Link to comment Share on other sites More sharing options...
HXO Posted June 18, 2011 Share Posted June 18, 2011 I'd bet he was as confident in 2007 when he said "The subprime mess is grave but largely contained..." and went on by way of explanation to "Given the fundamental factors in place that should support the demand for housing, we believe the effect of the troubles in the subprime sector on the broader housing market will likely be limited" Forbes Quote Link to comment Share on other sites More sharing options...
Executive Sadman Posted June 18, 2011 Share Posted June 18, 2011 Yes this was from a news interview a while back. A normal answer would be 'you can never be 100% sure, you go with the best option' or similar. The answer that he gave would indicate strong psychopathic tendencies. Quote Link to comment Share on other sites More sharing options...
Chuffy Chuffnell Posted June 18, 2011 Share Posted June 18, 2011 And then there's this (now quite old) classic from Ben: Biggest tool in world history. Yet. Quote Link to comment Share on other sites More sharing options...
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