A question for Ben Bernanke at today’s press conference: • In 2005 at your confirmation hearings, you said there was no housing bubble.
• In 2007, you said the subprime fallout was likely to be contained. • In 2008, you said you didn’t expect a recession. • In 2009, you said the Fed would not monetize US government debt. • In 2010, you said inflation was too low. Question: <a href="http://www.businessinsider.com/bernanke-quotes-2010-12">Are we supposed to laugh or cry?</a>