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Money Printing and 100% Confidence, Day 4

Posted by
December 8, 2010
in Blog

“[Bernanke is] a different man, somehow, and likely not for the better as growing dissent amongst even his own Federal Reserve board has no doubt made him less confident in his actions today than he was 18 months ago when there was near unanimity from his peers about the decisions that were being made.

The defensiveness that manifested itself in outward confidence via the “100 percent” comment is probably going to be remembered for years (especially if inflation heats up), greatly reducing the chances of yet another 60 Minutes appearance in the years ahead.” Read more

Money Printing and 100% Confidence, Day 4 
Tim Iacono 
Seeking Alpha, December 8, 2010. 

Image by Filomena Scalise / FreeDigitalPhotos.net.