[JumpCrisscross]

> remember Bernanke’s pronouncements before the 2008 crash that everything is just fine

The Fed chair saying "we're fucked" is, on its own, enough to cause a credit crisis. (This is why the Fed doesn't tend to make blanket forward-looking statements like "everything is just fine.")

[spaetzleesser]

I am not aware of them silently doing something about the mortgage bubble either.