Bernanke on 60 Minutes: I Did Not Have Sexual Relations With That Free Money
Watch him squirm, have you ever seen a more awkward exchange in your life?
Just because our dear Fed Chairman has made two appearances on national TV now with this last 60 Minutes appearance (his first was in March of 2009, when the market should have tumbled flat on its face and scraped its cheek but instead surged upward, defying reasonable critics' expectations) does not mean he is actually comfortable showing up in a tie to defend his decisions over the last two years.
100% confidence huh? By my calculations that would require bulletproof faith in the exit strategy he doesn't have, surely Ben Bernanke is smarter than that?
Unfortunately, I gather that Bernanke doesn't hold our own intelligence in high regard.