Look at this exchange with Bernanke at the National Press Club (in a journalist's summary):
Question: Will there be a Q3?
Bernanke: In the end, we'll just ask the same questions. Where's the economy going, and what do various inflation indicators look like? We'll ask those questions. If unemployment is still too high, then we may continue. If we're moving towards full employment, then we won't need to stimulate more.
And what is full employment? The Fed's statisticians believe that full employment is an unemployment rate of 6 percent or so, and we are nowhere near headed that way.
Another truth is that the Fed doesn't really care about inflation as much as it cares about the solvency of the banking and financial systems. Bernanke would drive us right into hyperinflation to save his industries. Savers living on pensions just don't have the political clout to stop the money machine.
发表于 2011-3-24 14:27
| 
发表于 2011-3-26 14:59
| 
