When Alan Greenspan spoke, strong men's knees buckled, and the markets rose or fell.
Now the Fed has a new chairman, Ben Bernake. But the results are the same: Mr. Bernake testified on Capitol Hill this morning and the market tumbled in response.
Greenspan was famed for his obtuse language.
What will we say of this new Chairman? That he speaks to us in the Bernakular?
2 comments:
bernakular? ha ha ha, good one curmie, good one!
smiles, bee
Hmmm... time will tell, right?
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