Ahead of this afternoon’s release of the Fed minutes from the July FOMC meeting, we thought our readers would enjoy this doozy given by the Fed Chairmen to a Teacher Town Hall meeting in Virginia on August 7th.
When asked whether this generation (the children in schools today) would be the first generation in American history to be worse off than their parents, Bernanke responded: ‘My best guess is that our kids will be better off than we are.’
Something tells us that the Chairman was referring to the banksters’ children with the words ‘our kids‘, and not the children of everyday Americans, 23% of which are currency unemployed and seeing their life savings inflated away.
The future certainly looks promising for the offspring of the class raping and pillaging the rest of the nation’s wealth.
Bernanke’s full response below: