Bernanke’s Economic Forecasting Record

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By Barry Ritholtz - November 17th, 2009, 9:42AM

Doh: Why listen to his forecasts?


Hat tip Singer

5 Responses to “Bernanke’s Economic Forecasting Record”

  1. SINGER Says:

    Hat tip McFearless from the Andy T posse!

  2. Mike in Nola Says:

    I hope Grayson makes him watch this at the confirmation hearing.

  3. mdod Says:

    In his defense, I don’t suspect that we should ever ask a Fed chairman to give us his “worst” case scenario. Probably something that none of them would ever mention in public…and scare the h**l out of markets.

    Personally, knowing how human nature is, I want my Fed president to do his job of preventing inflation and bursting bubbles behind the scenes, and blowing sunshine in public…

  4. Michael M Says:

    The video is too short given the richness of Bernanke’s BS over the years.

    Here’s an even better timeline of Fed and Treasury lies/cluelessness:

    http://austrianfilter.blogspot.com/2009/04/zero-credibility.html

  5. Unbreaking Benjamin | TheTradingReport Says:

    [...] Barry posted this compilation of great predictions from Big Ben back in 2005-2007. Subprime probs contained, housing bubble just a local issue, blah blah blah. [...]