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TrollBuster9090

(5,954 posts)
Wed Nov 27, 2013, 05:37 AM Nov 2013

Janet "Nostradamus" Yellen Tops WSJ's List of Economists Who've Accurately Predicted Things.

The WSJ has SCORED the accuracy of various 'Economic Pundits' over the years, and guess who turned out to be the most accurate predictor of economic trends. That's right...JANET YELLEN, the woman that Obama has nominated to head the Federal Reserve.

http://graphics.wsj.com/fed-predictions/#c%5B%5D=Janet+Yellen&c%5B%5D=Charles+Plosser&d=0

The current guy, Ben Bernanke scored 10th.

Shockingly, Ayn Rand cultist Allan "Grand Nagus" Greenspan didn't even make the list.

Nor did libertarian hero Peter Schiff who, according to the libertarian Flying Monkey Squad, has accurately predicted all 300 of the last 300 recessions. (Or, as the rest of us like to say: Peter Schiff accurately 'predicted' the crash of the housing bubble because even a broken clock is right twice a day.)


Federal Reserve Chairman Allan Greenspan (not exactly as shown)


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Janet "Nostradamus" Yellen Tops WSJ's List of Economists Who've Accurately Predicted Things. (Original Post) TrollBuster9090 Nov 2013 OP
This was "14 Fed policymakers" between 2009 and 2012, so that's why Greenspan isn't there muriel_volestrangler Nov 2013 #1

muriel_volestrangler

(101,312 posts)
1. This was "14 Fed policymakers" between 2009 and 2012, so that's why Greenspan isn't there
Wed Nov 27, 2013, 06:56 AM
Nov 2013

and Bernanke is in the list twice - once at 5th, for things he's said on his own, and once for since said in official testimony, when he's representing the whole Fed, which is when he comes 10th (it seems their collective wisdom is less than the sum of its parts).

But it's good to see Yellen is the most accurate. She's said to have been the best of people in prominent positions in the run-up to the crash, too.

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