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Is Ben Bernanke
Unleashing Inflation?

Bloomberg Businessweek, by Peter Coy

Original Article

Posted By:pineledger, 11/21/2012 2:58:06 PM

Conservative economists are paying attention to the man behind the curtain and not liking what they see. At a meeting in a Manhattan hotel on Nov. 20, the so-called Shadow Open Market Committee criticized Federal Reserve Chairman Ben Bernanke for an ultra-easy monetary policy that will, in their opinion, lead ultimately to dangerously higher inflation. “We aren’t in Kansas anymore,” said Columbia University economist Charles Calomiris, referring to the mind-bending changes in the Fed’s monetary policy under Bernanke’s chairmanship. That’s not the same as calling Bernanke the new Wizard of Oz, but it’s close.

Comments:
Are we allowed to question Bernanke´s competence?

      


Post Reply  

Reply 1 - Posted by: civilservant, 11/21/2012 3:03:32 PM     (No. 9028038)

No, he´s answering that old question?
"Weimar(why more) money being printed?"

"Because we WON!!"

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Reply 2 - Posted by: bkt23, 11/21/2012 3:17:13 PM     (No. 9028053)

If you are asking whether or not Bernanke is unleashing inflation, clearly you have not been paying attention. Short answer: yes.

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Reply 3 - Posted by: dixieboy1, 11/21/2012 3:21:07 PM     (No. 9028061)

Does a wild bear sleep in the woods?

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Reply 4 - Posted by: Ribicon, 11/21/2012 3:40:20 PM     (No. 9028086)

Is this a headline from 4 years ago?

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Reply 5 - Posted by: avikingman, 11/21/2012 3:42:59 PM     (No. 9028088)

Are gas prices rising?

Or does it take more dollars to buy a gallon?

Short answer: yes.

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Reply 6 - Posted by: droopydog, 11/21/2012 3:43:21 PM     (No. 9028089)

Indeed #4, have these people been to a grocery store lately?

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Reply 7 - Posted by: Kurto, 11/21/2012 3:44:11 PM     (No. 9028091)

He has to print money to pay for all of the handouts.

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Reply 8 - Posted by: 3XALADY, 11/21/2012 3:55:30 PM     (No. 9028105)

It couldn´t be because of the $80 BILLION they are printing and throwing into the economy every steeeenkin´ month, could it? I know nothing about nothing, and I can see what´s coming.

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Reply 9 - Posted by: CJohnson, 11/21/2012 4:06:41 PM     (No. 9028123)

yeah. blame ben. ergo kill ben and solve problem? ya wish it were so simple.

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Reply 10 - Posted by: Chuzzles, 11/21/2012 4:37:50 PM     (No. 9028167)

Is Ben a tired old man?

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Reply 11 - Posted by: Safari Man, 11/21/2012 4:43:49 PM     (No. 9028171)

How do you tax everyone without taxing anyone?

The savvy investor class will be best equipped to deal with this. Anyone with savings will pay. I have a few ideas how to cope, but still don´t feel confident I will be able to keep up with inflation.


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Reply 12 - Posted by: strikingviking, 11/21/2012 5:15:40 PM     (No. 9028212)

Whatever Obama´s intent, his policies are debasing our currency, sabotaging our economy, eviscerating our military, and habituating ever more of our citizens to rely on government handouts.

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Reply 13 - Posted by: shamus, 11/21/2012 5:50:47 PM     (No. 9028259)

Bernanke to Congress:

Spend all you want. We´ll print more.

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Reply 14 - Posted by: King of all trolls, 11/24/2012 9:55:54 AM     (No. 9031702)

Mr. Bernanke, Captain of the Titanic, is determined to drown the middle class. He´s got all his metrosexual wall street buddies sitting in the lifeboats and doning preservers.

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