He is supposed to knows it. Nobody would think he is that dumb.
Since Greenspan, FED has too much confidence about what's gonna happen in the future. ( Some here say "Don't fight FED !" )
I am actually so worried about the results of misjudgement by those Elite group.
I guess we might risk everything on just a handful of so-called intelligentsia.
He seems to try to dilute U$ to the extreme as far as the plain endure.
But, who are so sure he know the point of no return ?
In 60 minutes, he mentioned he could raise interest rates within 30 minutes in emergent situation. I don't know what makes him so confident if situation is that emergent, he could easily take care that.