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Bernanke: There Is No Inflation (and If There Were, We Could Stop It)

http://finance.yahoo.com

If you want to drive a rational economic-type of person crazy, simply mimic Fed Chairman Ben Bernanke's willful refusal to acknowledge seemingly obvious inflationary trends.

You can start by quoting Dr. Bernanke's observations on the ramp in commodity prices, made Monday night:

"I think the increase will be transitory, that it will pass, and we will go back to a level of inflation that is consistent with our price stability mandate."

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EternityAblaze's picture
Created by EternityAblaze 3 years 2 weeks ago – Made popular 3 years 2 weeks ago
Category: Money   Tags:

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