Economic Policy Journal
Friday, February 4, 2011
Richard Fisher President of the Federal Reserve Bank of Dallas, and an FOMC voting member, will not vote for any additional quantitative easing measures after June, reports DC Tripwire.
Bernanke still controls the FOMC board, so this isn't likely to have any real impact on the outcome, but it will put additional critical focus on Bernanke's mad bombing ways, especially as price inflation is likely to kick up a notch by June/July.
What all this should put into focus is the question of what will happen once Bernanke does stop, or slow, printing and his manipulated boom starts to crash. The answer: It will not be pretty
“What all this should put into focus is the question of what will happen once Bernanke does stop, or slow, printing and his manipulated boom starts to crash. The answer: It will not be pretty”
Ben Loses The Long End
http://www.zerohedge.com/article/ben-loses-long-end
“Dear Ben,
You can either save the bond market or the stock market, but not both.
Your choice, mate.
Love,
The Market”
When the manufactured boom starts to collapse, darned right it won’t be pretty. I guess the plan was for that to happen in 2013 or maybe December of 2012 like all the hype about the Mayan calendar... hmmm.... is Soros noted for a sick sense of humor?