Wednesday, October 20, 2010

Bernanke Wants Inflation

Here is what the Washington Post says about Helicopter Ben Bernanke's new scheme to inject inflation into the moribund U.S. economy.

Of course his new plan is madness, but who is going to stop him?

When you have a Fed Chairman acting like a desperate teenage girl trying to find a last minute date to the prom, you have a national economy in crisis.

Which, of course, we do.

His new $1 trillion scheme will have profound implications for the U.S. dollar, oil prices, and the world economy as a whole.  Forget what I say Bernanke's latest dunderhead program.  Here is what The Wall Street Journal says and they are right.

I have been calling for this fool to be fired for more than three years now in this blog.

It's only a matter of time before the mainstream press starts to agree with me.  Even they are starting to get it, and that's not a good thing.