What Does Bernanke Think? Does It Matter?

I’ve been listening to Ben Bernanke pontificate and forecast about what’s happening and what going to happen for something like five years now, and I have yet to see him be even close to right about anything.  Are we going to have a double dip?  I think he’s a double dip.

Watch this video and take a walk down memory lane.  You’ll see why I once asked the question: If you miss you forecasts 11 months in a row, and by some significant margin, is it still considered forecasting, or does it become guessing?  Enjoy…

Mandelman out.