Deciphering Bernanke’s comments

[bsrsharma]

Though I think highly of BB, I think this assessment was purely political. All indicators seem to be worse than in the ’70s. If we can get away with a repeat of 1974-82, we should count ourselves lucky!

[Deal Hunter]

You're right, barsharma.

BB said, "I don't think we're anywhere near the situation that prevailed in the 1970s."

Then, he added, under his breath, "…it's more like the situation that prevailed after 1929."

 

 

[Deal Hunter]

You're right, barsharma.

BB said, "I don't think we're anywhere near the situation that prevailed in the 1970s."

Then, he added, under his breath, "…it's more like the situation that prevailed after 1929."

 

 

[Deal Hunter]

You're right, barsharma.

BB said, "I don't think we're anywhere near the situation that prevailed in the 1970s."

Then, he added, under his breath, "…it's more like the situation that prevailed after 1929."

 

 

[Deal Hunter]

You're right, barsharma.

BB said, "I don't think we're anywhere near the situation that prevailed in the 1970s."

Then, he added, under his breath, "…it's more like the situation that prevailed after 1929."

 

 

[Deal Hunter]

You're right, barsharma.

BB said, "I don't think we're anywhere near the situation that prevailed in the 1970s."

Then, he added, under his breath, "…it's more like the situation that prevailed after 1929."

 

 

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