Home > Central banking > MISH takes a jab at Bernanke

MISH takes a jab at Bernanke

MISH hits Bernanke for arguing (finally!) that bubbles can be pricked by the Fed.  Monetary theories are like Paris fashion shows – shallow, meaningless, peopled by needy attention-seeking idiots, with the one certainty being that they change colour every year.

MISH is screaming for ending the Fed and FRB (what he calls FRL). 

Good luck.  I’ve been screaming about this for 20 years, to no effect.  No one cares.  The bankers are too busy counterfeiting and embezzling, and Joe Public is too busy trying to keep up with the bankers’ spending habits.  Both are doomed, but both don’t seem to care.

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Categories: Central banking
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