Ben Bernanke

A Spoonful of Sugar

  Source: By Peter Schiff A Spoonful of Sugar   The press has framed Ben Bernanke’s valedictory press conference last week in heroic terms. It’s as if a veteran quarterback engineered a stunning come-from-behind drive in his final game, and graciously bowed out of the game with the ball sitting on the opponent’s one-yard […]

Ben’s Rocket to Nowhere

  Source: By: Peter Schiff Ben’s Rocket to Nowhere   Herd mentality can be as frustrating as it is inexplicable. Once a crowd starts moving, momentum can be all that matters and clear signs and warnings are often totally ignored. Financial markets are currently following this pattern with respect to the unshakable belief that […]