Skip to content

Bernanke and Einstein’s Definition of Insanity

August 5, 2011

Albert Einstein defined insanity as doing the same thing over and over again and expecting different results.

Bernanke has tried QE1, QE2 with dismal results.  Yet, he seems on the verge of embarking on QE3

Do you think he fits the Einstein definition of insanity?  Or is it because, having run out of ammunition and ideas, he wants to be seen to be doing something? 

 

Advertisements

From → Credit Analysis

Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: