Thank you Ben Bernanke, arguably the worst Federal Reserve Chairman in our history, who is single handedly creating still another housing bubble. We know how well the last one worked out, don't we?
House prices up 25% year over year in San Francisco. Up over 20% in Las Vegas and Phoenix. All thanks to Uncle Ben.
What a criminal and traitor this man is to our country by steering it back to the troubled waters of the past.
When Allen Greenspan was roundly criticized for holding interest rates to only 1% for less than year, he was accused of creating the housing bubble.
So what do you call Bernanke, who has held interests rates to near zero percent for almost five years now? And also printing almost $4 Trillion of new money to buy up long term mortgage paper?
Just criminal, criminal, criminal.
Bernanke must go!!!!!!
There is no bubble now, idiot.
Unless it is gold but that has popped too.