A Cathartic Rant…

I know not to read something spouted by Bernanke or a Fed economist anymore because I’m likely to break my laptop in half.  They have lack a fundamental understanding of economics; a fundamental understanding of the field to which they are considered maintstream “experts.”  Bernanke’s recent statement, “My definition of the dollar is what it can buy,” sort of exemplifies what I mean.  He’s too locked into his own ideas to understand that economics is more than numbers, and he’s playing with people’s lives.

Don’t even get me started on Krugman.

Read more here.

Published in

Post a comment