View Single Post
Old 07-16-08, 11:07 AM   #3 (permalink)
Iriemon
Sage

 
Iriemon's Avatar
 
Join Date: Aug 2005
Last Online: Today 01:09 AM
Location: Miami
Posts: 19,478
Thanks: 1,413
Thanked 2,187 Times in 1,503 Posts

Re: Inflation Accelerates

Bernanke seems more interested in getting the economy moving before the next election than curbing inflation. IMO it's a dangerous game to play with inflation as we witnessed in the 70s.

I don't have a problem with the Fed easing money policy in relation to the economy, but keeping inflation at bay has to be its first priority.
__________________
Matthew 5:9
Iriemon is offline   Reply With Quote