by Jeff Nielson, Bullion Bulls Canada:
In doing some recent surfing of the mainstream media’s “news”, a Bloomberg headline immediately caught my eye: Einhorn Finds Dinner Chat With Bernanke ‘Frightening’
As the world’s most-outspoken critic of that monetary charlatan; it was intriguing to see what this market icon found “frightening” about B.S. Bernanke – with such a long list to choose from. My curiosity was rewarded, most-particularly with the following excerpts.
Einhorn had been critical of Bernanke’s willingness to leave interest rates near zero [at zero] for more than five years. The hedge-fund manager has said that the benefits of low rates diminish over time until they are more harmful than helpful…
Here’s the chart upon which Einhorn’s observations are based:
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