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With the price of gas hitting $7 a gallon and a package of Oscar Meyer bacon hitting $9.59 out in California, you can bet inflation is on consumers' minds, and 80% of them know who did it.Big government spending, the kind that requires the Fed to print more money than the economy can handle, is behind it. The U.S. has passed a helluva lot of gargantuan trillion-plus-dollar spending bills for things such as COVID relief, "infrastructure," bailouts of favored industries, stimulus payouts, and more in the last few years and the economy is still struggling to digest it.Inflation, according to...

If you are looking for the most nauseating cover possible on Ben Bernanke, please consider the April 2012 issue of the Atlantic. The cover asks the question "Ben Bernanke saved the global economy. So why does everyone hate him?" For starters Ben Bernanke did not save the global economy. Making such a proclamation is like a football fans proclaiming victory at the end of the third quarter with the score 54-24 following a 24 point rally after being down 54-0. Simply put, it is far too early to make a presumption the Fed "saved" anything given the global economy remains...

I am turning to the educated community of FREE REPUBLIC for an education in the falling dollar. Please list here some forums, blogs, somewhere to get an education to make some sense out of the dollar's devaluation. Nothing I've read so far explains how this is anything but a catastrophy.

PARIS, Oct 8 (Reuters) - French state-controlled electricity utility EDF (EDF.PA: Quote, Profile, Research) will order at least six gas turbines and associated services from GE Energy (GE.N: Quote, Profile, Research) for more than 530 million euros, equivalent to $750 million, the U.S. group said in a statement on Monday. "In addition to the contracts announced today, EDF has signed options to purchase additional gas turbines and services from GE. If those options are exercised, the total value of EDF's agreements with GE could exceed EUR 900 million ($1.2 billion)," the statement said. It said the initial six turbines would...