[scooby321]

and CNBC says he going to get Obama reelected LOL.

He better off going the voter fraud route.

[Atlas Sneezed]

[org.whodat]

QE 4 will start before the end of august. How else will the government sell debt.

[org.whodat]

QE 4 will start before the end of august. How else will the government sell debt.

[NormsRevenge]

..and the band played on..

[Gunslingr3]

"Today an ounce of gold sells for $300, more or less. Now suppose that a modern alchemist solves his subject's oldest problem by finding a way to produce unlimited amounts of new gold at essentially no cost. Moreover, his invention is widely publicized and scientifically verified, and he announces his intention to begin massive production of gold within days. What would happen to the price of gold? Presumably, the potentially unlimited supply of cheap gold would cause the market price of gold to plummet. Indeed, if the market for gold is to any degree efficient, the price of gold would collapse immediately after the announcement of the invention, before the alchemist had produced and marketed a single ounce of yellow metal.

What has this got to do with monetary policy? Like gold, U.S. dollars have value only to the extent that they are strictly limited in supply. But the U.S. government has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many U.S. dollars as it wishes at essentially no cost. By increasing the number of U.S. dollars in circulation, or even by credibly threatening to do so, the U.S. government can also reduce the value of a dollar in terms of goods and services, which is equivalent to raising the prices in dollars of those goods and services." - Ben Bernanke, 2002

Mission Accomplished!!!

[Freedom_Is_Not_Free]

The article title should be “Cheerleader Kudlow spills Crocodile Tears.”

He knows BurnYankee is trying to stimulate double-digit inflation to reflate housing, increase the velocity of money, and shrink the debt in relative terms. But what is a paid shill to do? You give the Fed the cover making it sound like the Chairman is going in a reasonable but wrong direction. Give it up Crazy Larry. Just admit that the Fed WANTS high inflation. He knows this is true. He is a Goldman Sachs insider so he knows the score, the flaming liar.

[M-cubed]

Mr. Bernanke just doesn’t get that inflation-sensitive market-price indicators — like rising gold, oil, and commodity indexes, and the falling dollar exchange rate — are trying to signal higher future inflation. <<<<

Oh!....He gets it alright!....It's part of the plan...

ALL FIAT MONEY GOES TO -0-.....NO EXCEPTIONS!

http://kwaves.com/fiat.htm

[Senator_Blutarski]

Bernanke’s policies remind me of hospice care. He’s trying to minimize the symptoms while doing nothing to fight the underlying disease.

[gogogodzilla]

Limited spending, flat tax rates, minimal regulation, and stable money.

Now where’s the next great American leader to revive and restore this pro-growth model?

I sure don't see this in Romney, Huckabee, or Trump...(and, of course, any Democrap)

That said, it looks like the current crop of Republicrats are just as bad.

[Buckeye McFrog]

Congressman Paul,

If you are ever REALLY going to Audit the Fed, now would be an opportune time...

[Mr. Jeeves]

Now where’s the next great American leader to revive and restore this pro-growth model?

That model requires a moral and hard-working public to make it successful. Today's crop of looters aren't interested in playing. There is no longer any sizable political constituency favoring a low-tax, small-government approach, therefore we aren't likely to see it return any time soon.

[DannyTN]

The current inflation is a lot more from stupid do nothing energy policies than from monetary policy.

[dennisw]

Gold oil and silver are voting on Bernanke and they are obviously giving him a thumbs down. Those markets do not believe that QE2 is the end but that it will continue but quietly surreptitiously.

So the money printing will continue