'Black Swan' Taleb foresees a crash, but not necessarily inflation

Updated

Nassim Nicholas Taleb doesn't want everyone to think he's predicting a bout of hyper-inflation for the U.S. economy, contrary to a much-discussed Wall Street Journal article earlier this week.

One of the bearish sages who have catapulted to renown as the economy teeters, the former derivatives trader and author of Fooled By Randomness and The Black Swan just thinks that Federal Reserve Chairman Ben Bernanke will probably miss whatever target he's aiming at with the myriad of programs created in the past year or so to help end the economy's credit crunch, he says.

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