Posted by: Sameer | February 26, 2009

Fed is “in the dark” –Bernanke

“We’re working along a program that has been applied in various contexts,” he said. “We’re not completely in the dark.”

Emphasis added.

So Bernanke really is saying he’s in the dark. Just not “completely.” Maybe he has a match to see by. Or one of those little LED lights. Perhaps a glow-stick?

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