Bernanke Passes The Buck On "Contained" Student Debt

I've always said Fed Chairman Ben Bernanke has a track record of being wrong on 100% of his forecasts.  I could flip a coin and be right 50% of the time.  But one has to TRY to be wrong 100% of the time.  In other words, he's not incompetent.  He's a trained liar.

http://www.zerohedge.com/news/2013-07-18/bernanke-passes-buck-contained-student-debt

2007 - "The subprime mess is grave but largely contained" - Ben Bernanke

2013 - "The amount of US Student Debt is large, but not particularly likely to cause macro-economic instability." - Ben Bernanke