"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Q3 and Inflation
Submitted by Michael Kleen on Fri, 2011-06-24 01:00
Ben Bernanke wants us to stop worrying about inflation. He downplays its significance at every opportunity, especially when he wants to inject more cash into the economy... his worst enemy is knowledge - knowledge on the part of the America people that all this fantasy money will at some point lead to inflation that will make the 1970′s look tame.
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