Waist Deep in the Big Muddy

Published: 28 January, 2012, 00:50

With its announcement this week that it will keep interest rates near zero until at least late 2014, the Federal Reserve has put another large crack into the foundations underlying the US dollar. In a misguided attempt to provide clarity and transparency, Ben Bernanke has instead laid out a simple road map for economists and investors to follow. The signposts are easily understood: the Fed will...

Comments (1):

ANTON CASAGRANDE, January 30, 2012, 22:07 quote

Sorry, I was just eating Peruvian Chocolate and can't believe how good it is.
As the dollar declines in value, my chocolate keeps going up in price. Good products keep getting more expensive and Bernanke's solution is put more dollars into the system, driving the value of the dollars in my wallet down.
Americans are waking up and recognize that the "new boss is the same as the old boss." And with more informative reporting from RT; "we won't get fooled again."
RON PAUL 2012

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