“We now have the diametrical opposite of the famous ‘Peter Schiff Was Right‘ video (a compilation of 2006 and 2007 clips in which Schiff, a financial expert who subscribes to Austrian economics, predicted the deep recession that would follow the bursting of the housing bubble). The new, opposite video is a compilation of the 2005–2007 prognostications of Federal Reserve Chairman Ben Bernanke. In it, Bernanke is shown to have been just as embarrassingly wrong as Schiff was uncannily right. Could their differences in economic understanding have anything to do with this remarkable dichotomy?”
https://mises.org/library/ben-bernanke-was-incredibly-uncannily-wrong
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Homeland Security’s Massive New Face Recognition, DNA, and Relationship Database
Incoming CIA Director John Brennan refuses to say whether waterboarding is torture
Mike Hearn, Bitcoin Developer - Turing Festival 2013
Fedcoats & Presstitutes Exploit Americans' Ignorance With 'Boston Massacre' Propaganda
Truth From The Treasury Secretary: Social Security at Risk
American expats are “offshore tax dodging” “trash”, say Homelanders
Synthetic Marijuana Turns People Into Zombies, Says Govt. Anti-Drug Propaganda
Outrage in Missouri: Teacher to be Fired for using Free-Market Materials
AIPAC comes out for strike on Syria, mentions Iran more often than Syria
'Syrian rebels plan chem attack on Israel from Assad-controlled territories'
The Most Basic Freedom Is the Freedom to Quit
John Kerry: Then And Now
BTCTurk becomes the first Turkish lira-to-bitcoin exchange
Texas Police Tase Overweight Asthmatic to Death in Drug Raid That Uncovers No Drugs
After U.S. Troops Leave, Armed Drones Will Patrol Afghanistan’s Skies