A Cathartic Rant...

Creighton Harrington
Mar 18, 2011 at 10:56 AM

I know not to read something spouted by Bernanke or a Fed economist anymore because I'm likely to break my laptop in half.  They have lack a fundamental understanding of economics; a fundamental understanding of the field to which they are considered maintstream "experts."  Bernanke's recent statement, "My definition of the dollar is what it can buy," sort of exemplifies what I mean.  He's too locked into his own ideas to understand that economics is more than numbers, and he's playing with people's lives.

Don't even get me started on Krugman.

Read more here.