Mish is out with a well deserved attack on Bernanke who is trying to to distance himself from the coming collapse. Mish asks if Bernanke is superman or a fool but then admits he is no fool. Why is the "con man" choice always missing from these lists? Ben Bernanke is a con man who is part of a long con called fiat currency and fractional reserve banking which has led to the formation of a global debt Ponzi. Period.
While Mish cannot bring himself to say such things because of the need to cater to a paying readership, I do not suffer from this weakness. But Mish is doing just about everything short of that to include telling us that Bernanke is setting Yellen up for a fall. I could not agree more. Bernanke will throw her under the bus in order to save not only himself but also the reputation of the office of the federal reserve.
I commented a long time ago that Yellen would become the disposable fed chief. Its interesting that Mish thinks her health problems are serious. I would tend to agree after watching her zone out like that recently at the podium. It looked like a micro stroke.
Friday, October 9, 2015
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