Wednesday, July 21, 2010

This is Why Ben Bernanke Should Not be Fed Chairman

Bernanke conceded that he's worried about the economy, but won't do anything to help it. As a result, the stock market is down.

Ben Bernanke, world-class fool.

If you're worried about the economy, and you're the Fed Chair, then you should do something, or at least pretend the economy is fine while you do nothing. Saying we're all screwed but we're going to do nothing is the worst possible combination of statement-action available to him...



    In what should be the proudest moment in any economist's life, you've had a shoutout from Phil Mirowski. Jesus.

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