The Fed is now peddling inflation

3 posts / 0 new
Last post
Ready's picture
Ready
Status: Platinum Member (Offline)
Joined: Dec 30 2008
Posts: 917
The Fed is now peddling inflation

http://articles.moneycentral.msn.com/Investing/ContrarianChronicles/the-...

The Fed is now peddling inflation
If there's any chance we'll avoid a painful bout of rising prices, it won't be the Federal Reserve that saves us. Also: Chipping away at tech forecasts.

[Related content: stocks, Intel, Federal Reserve, gold, Bill Fleckenstein]
By Bill Fleckenstein
MSN Money
If there were any doubts of the inflationary determination of the Federal Reserve, the minutes of its Federal Open Market Committee meeting on March 17-18 should have put them to rest.

Not only did certain Federal Reserve heads think that inflation was "below desirable levels," they also had this to say:

"Even without a continuation of outright price declines, falling expectations of inflation would raise the real rate of interest and thus increase the burden of debt and further restrain the economy."

SPM's picture
SPM
Status: Silver Member (Offline)
Joined: Mar 20 2009
Posts: 241
Re: The Fed is now peddling inflation

Crazy. Our Gov is like a chicken running around with its head cut off.

markf57's picture
markf57
Status: Bronze Member (Offline)
Joined: Aug 25 2008
Posts: 62
Re: The Fed is now peddling inflation
SPM wrote:

Crazy. Our Gov is like a chicken running around with its head cut off.

 

I think that is an insult to the chicken.

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Login or Register to post comments