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Must Bernanke Choose Deflation? - Robert Blumen -

Where is Ms.Yellen?, Mr Bernanke has passed the torch!

Commented 2856 days ago

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Beginning of the headline :Mike Shedlock, in his consistently thoughtful and informative blog, provides an excellent summary of the box canyon in which the Fed finds itself. In a post titled, Billmon Gets it — Do You?, he writes: One of the reasons for these repetitive bubbles is the Fed does not itself know what inflation is. They think they can micromanage the economy when all they are doing is chasing their tale due to the lagging effect of their actions. At some point, and I think... Read More

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