Author Topic: Welp . . . good thing Fuel and Food aren't used in Core Inflation numbers huh?  (Read 1123 times)

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Offline sonofdaxjones

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Offline sonofdaxjones

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"Interest rates are amazingly low and that, thanks to Ben Bernanke, is driving everything," Yastrow said. "We’re on the verge of a great, great depression. The [Federal Reserve] knows it.

http://www.cnbc.com/id/43236764

Offline AbeFroman

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So should I go ahead and kill myself now? Sounds like everything is going to get exponentially worse and there is no way to stop the powers that be.

Offline Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!)

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Barnanke can't help the fact that the biggest economic and financial dolt and his band of nitwits are doing everything they can to absolutely trash the economy.  On top of that, he really never had any Fed tools to work with.  Maybe we can pull a Japan and have negative short term interest rates!
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Offline pike

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Bernanke did his share to eff things up. Obama should have got rid of him, but oh wait he's the same as Bush  :flush:

Offline Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!)

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The only thing more frightening than Barnanke, is whoever it is Obama would choose to replace him.  Much like '08, just because a person vowes to change something, doesn't mean it's going to be better.

I can shoot you in the foot, or we can "change" that and shoot you in the dick tip.
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