The Jubilee

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Archive for the ‘Forecasting’ Category

About Bernanke’s 100% confidence…

Posted by Alex Krainer on December 17, 2010

On 5th December 2010, Fed Chairman Ben Bernanke gave an interview to 60 minutes. The whole thing seemed like a choreographed show, but this exchange with 60 minutes’ interviewer Scott Pelley took me aback:

Scott Pelley: “You have what degree of confidence in your ability to control this?”
Bernanke: “One hundred percent.” Read the rest of this entry »


Posted in Economic imbalances, Forecasting, Inflation, Money & investing, Politics, Risk management | Leave a Comment »