Wrong at the Reserve

A picture of the inside of a room with a bunch of stuff on it.

If you didn’t predict the housing bust, don’t feel bad, the Fed totally blew it too. Reading just released minutes from the ’06 meetings, is hysterically funny were it not so tragically sad. Bernanke was confident of a soft landing (really?) and most of the others were sure that any problems in the housing sector…

Read More