David Einhorn, manager of the $10 billion Greenlight Capital Inc., said he found a recent dinner conversation with former Federal Reserve Chairman Ben S. Bernanke scary. “I got to ask him all these questions that had been on my mind for a long time,” Einhorn said in an interview today with Erik Schatzker and Stephanie Ruhle on Bloomberg Television, referring to a March 26 dinner with Bernanke. “It was sort of frightening because the answers were not better than I thought they would be.” [...] In describing the dinner conversation at New York’s Le Bernardin, Einhorn criticized Bernanke for saying he was 100 percent certain there would be no hyperinflation and that it generally occurs after a war. “Not that I think there will be hyperinflation, but how do you get to 100 percent certainty about anything?” Einhorn said. “Why can’t you be 99 percent certain?” [Bloomberg]

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Comments (19)

  1. Posted by Dr Snarf | May 6, 2014 at 2:58 PM

    I'm 100% certain Ben Bernanke did have a beard.

  2. Posted by Guest | May 6, 2014 at 4:51 PM

    "Not that I think there will be an unplanned pregnancy and she'll decide to keep the kid, but how do you get to 100 percent certainty about anything?” Laxbro said.

  3. Posted by Maya | May 6, 2014 at 5:59 PM

    It's a 100%. I know certainty freaks you guys out, but it's a 100.

  4. Posted by Elwood | May 6, 2014 at 6:18 PM

    Everything goes through the Fed's payment system. When the old hyperinflation hits the guy at the switch will just turn if off. Offshore dollars? Nope. Petro Dollars? Nunh-uh. It won't be allowed to come home to bid for "stuff". If you control the on-off button then you got 100% certainty.

  5. Posted by Guest | May 6, 2014 at 6:46 PM

    My calculations show more like 96%.

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