Michael Burry: Bernanke Can’t Use "Poison as the Cure"

[BargainValueHunter]

Asperger's genius and value investing master Michael Burry goes after America's Printmaster General in a new Businessweek interview:

 

http://www.businessweek.com/news/2010-11-05/bernanke-can-t-use-poison-as-the-cure-burry-says.html

 

Boosting the economy “was the point of inflating the housing bubble,” Burry said yesterday. “It was the intent that the house would become the ATM machine, and help us through those rough times, post-dot-com, -Enron, -WorldCom, -Iraq and - 9/11. That’s why I say they’re using the poison as the cure.”

[Myth465]

Thanks for the link. Everyone seems to be saying the same thing. I like Grantham the best because he acknowledges that Ben's hands are tied.

[ERICOPOLY]

I have to say, as a Citigroup shareholder, I appreciate the liquidity -- speeds up the runoff.  I don't think that brings any jobs back, but it should increase my future earnings.