Thursday, August 18, 2011

No Inflation....Just 6 Percent

So Bernanke sees no inflation, nor do any of the major economists working with the Obama Administration. The CPI rose at an annualized rate of six percent in the month of July. How's that for no inflation.



The bankruptcy of Bernanke's and Obama's policies are unfolding in the only logical direction that such policies can take us: rising inflation and a weak and stagnant economy.