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.
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