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Blame Bernanke

Everything that Ben Bernanke touches turns into excrement. Now he says inflation is no worry. (See the last paragraph in the link.) Be very afraid.

View all comments (2) | Leave a comment

Lisa Graas| 2.19.09 @ 10:19AM

Who was it who once said that those who do not remember history are condemned to repeat it?
Most Americans seem to have forgotten history -- even RECENT history! Sigh

JTS| 2.19.09 @ 12:44PM

"He said that once the economy begins to rebound and financial markets stabilize, the Fed will be able to quickly reverse the actions it has taken before inflation becomes a problem"
++++++++++++++++++++++++++++++++++
Bernanke's own Macroeconomics book refutes this econogoofiness. He really should read his own book – it’s a very good book! In it he also has many great stories about the Depression and how the government shouldn’t be doing what they are doing with the stimulus/bailout/waste-a-thon - throwing good resources after bad. Interesting, no?!

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More Blog Posts by Quin Hillyer

http://spectator.org/blog/2009/02/19/blame-bernanke

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