Tuesday, April 05, 2011

Yup. It's "Bernanke's Inflation"

Of course, there will be a combox dissent, but the chart is clear, and it ain't "speculation."

HT: Ticker


J. Strupp said...

I'm still not sure how ticker can make it through his daily rants about oil prices without mentioning geopolitical turmoil. What's he going to say when things calm down over there and oil comes off $20? I'm sure he'll think of something.

J. Strupp said...

BTW. Higher equity prices were intended to be a result of QE. Move capital from safer to riskier assets. Modest inflation helps in this regard too. This should be considered a success of the program

neomom said...

Success - sure Strupp. As long as you consider folks having to cut back on stuff even further to be able to heat the house, drive to work (if lucky enough to have a job) and feed the family.

Interesting definition of success you have there.