Wednesday, April 27, 2011

Federal Reserve: Bernanke: Fed Sees Slower Growth, Uptick in Inflation - CNBC

Federal Reserve: Bernanke: Fed Sees Slower Growth, Uptick in Inflation - CNBC

Looming inflation, a sinking dollar, and increasing food and gas prices are a recipe for very bad things. I hope the President's campaign trip to meet with Oprah is worth it. One another note, gold hit record high again today and that is no accident either.

1 comment:

  1. I was home today, but I didn't get to watch much of Bernanke's press conference. Doesn't sound like there's much to take away from it that we don't already know. I sort of feel sorry for him, as his mission is impossible now. Don't inflate = downturn. Raise interest rates = downturn. Keep inflating = davalue the dollar, serious inflation.

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