The Bernanke Credibility Index

[r2d2]

June 9, 2008
"Indeed, although activity during the current quarter is likely to be weak, the risk that the economy has entered a substantial downturn appears to have diminished over the past month or so."
http://www.federalreserve.gov/newsevents/speech/bernanke20080609a.htm

July 15, 2008
"The possibility of higher energy prices, tighter credit conditions, and a still-deeper contraction in housing markets all represent significant downside risks to the outlook for growth."
http://www.federalreserve.gov/newsevents/testimony/bernanke20080715a.htm

 

[Barth Vader]

I voted a "two", my reasoning is as follows:

1) I believe it is credible that his last name is indeed Bernanke.

2) I believe it is credible that his beard is real.

 

[IanMacQuaide]

I voted "0".
I'm beginning to think thusly;
I have no idea as to the reality of what I'm being shown on TV.

 

[ByLoSellHi]

Quote from Barth Vader:

I voted a "two", my reasoning is as follows:

1) I believe it is credible that his last name is indeed Bernanke.

2) I believe it is credible that his beard is real.

+1

(His beard is turning really white, though)