Today's question: Do you believe Federal Reserve Chariman Ben Bernanke's monetary policy will cause inflation?
**If you want, you can also post responses here on myvoternation site
Inflation? Are you serious?
That's the short answer! The long one is right here ...
2 ways to look at Bernake:
1. Clueless economist who has flooded the world with deflating currency to try to inflate corpse economy and whose actions will lead to hyperinflation, then an extreme retraction of the money supply with higher interest rates ala 1980 which will squeeze everyone on both ends.
2. Or, posing as clueless economist to bring about some secret agenda.
I vote 2.
Not likely. Bernanke has spent his life preparing for his job as head of the Fed. He knows what he's doing and will allow interest rates to rise when inflation shows signs of being a problem.
Bernanke is as clueless as mouse wandering the works of a locomotive. HE hasn't a clue what's going on... Or, he's just acting.
Either way, between the fed, and the federal government's insane spending... We're anywhere from 3 months to 2 years of complete monetary collapse, when daily inflation could easily hit hundreds of percent.
These guys are the most reckless, stupid, and irresponsible people we've ever seen in office.
The Fed is not an office. The Fed is the private central bank that controls, up to this point, both parties.
Did you see the Yahoo article today? I wrote about it before but no matter. People are learning that the banksters are extorting the politicians. http://finance.yahoo.com/loans/article/ … loans-home
well, duhhh... long term loans at lower that sustainable rates with no proven equity is why so many are upside down and why we're facing this debt crisis. F and F pump 13 TRILLION dollars of debt based money into the economy... secured by crap.
Thanks, social engineers on the left, you've screwed us over again and again and again.
Now maybe the price will come down, debt based home ownership will go back to some sanity, and eventually, we'll clear up all this toxic nonsense.
"13 TRILLION dollars of debt based money into the economy... secured by crap.
Thanks, social engineers on the left, you've screwed us over again and again and again."
So capitalists on Wall Street who created these schemes are leftist. In the army they used to say, "left from your right".
Quite surprising how many people didn't.
by James Smith5 years ago
http://www.unelected.org/audit-of-the-f … t-bailouts"What was revealed in the audit was startling: $16,000,000,000,000.00 had been secretly given out to US banks and corporations and foreign banks everywhere...
by Ralph Deeds3 years ago
"... Mr. Summers, 58, is a provocative figure among key Democratic constituencies. He was a chief architect of financial deregulation during the Clinton administration and later resigned the presidency of Harvard...
by MikeNV6 years ago
Of course it is. No problem at all. And that is real surprising from the mouthpiece of the private bankers. Lie, after Lie, after Lie.For those who do not know... the Federal Reserve is NOT a Government...
by lxxy7 years ago
Turns out TIME decided to name Ben Bernanke person of the year.Hah! A Federal Reserve chairman being in a governmental position is a rather intriguing issue alone, though with Geithner in the White House as well it's...
by fishskinfreak20087 years ago
http://finance.yahoo.com/news/Fed-chief … 0&.v=7So what are lawmakers saying about this? According to Senate Minority Leader Mitch McConnell, "I think (that) the chairman is going to be confirmed ON A...
by Grace Marguerite Williams4 years ago
Election time is nearer and nearer. It is time now for President's Obama assessment. What grade you give President Obama so far? Please detail what grade you would give and why?
Copyright © 2017 HubPages Inc. and respective owners.
Other product and company names shown may be trademarks of their respective owners.
HubPages® is a registered Service Mark of HubPages, Inc.
HubPages and Hubbers (authors) may earn revenue on this page based on affiliate relationships and advertisements with partners including Amazon, Google, and others.