For those interested in the full context in which the comment was made, a video of the event is available here: https://www.youtube.com/watch?v=dnXLEaAJqno http

For those interested in the full context in which the comment was made, a video of the event is available here: https://www.youtube.com/watch?v=dnXLEaAJqno https://www.youtube.com/watch?v=dnXLEaAJqno I was in attendance and it is worth noting that Bernanke did not take any questions from the audience (apparently unexpected by some of the staffers) and that he did not remain for any of the (illuminating in my opinion) panel discussion that followed. Suggest that people pay attention to the remarks of Mr. Warsh, who in my opinion actually should have gotten the nod to be Fed Chair -- though I understand completely why that would have been untenable for many. Last thing I'll add: some of what is said openly during Congressional testimonies, these fora, and the like is knowingly contradicted in private conversations.