Ben Bernanke: Hero for half-wits

Anybody could have seen the credit crunch coming, says Bill Bonner - except Ben Bernanke.

When, exactly, did economists become charlatans? Probably in the early-mid 20th century. That's when they stopped listening and began commanding. Instead of trying to understand how economies work, they started to tell them what to do.

And now, economists are almost all mountebanks and scamsters.

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