Bernanke: Lasting Rise in Oil Prices Pose a Danger- AP
"Federal Reserve Chairman Ben Bernanke (rogue's scholar?)says a prolonged rise in oil prices would pose a danger to the economy. But he says the more likely outcome is a temporary and modest increase in consumer prices -- not runaway inflation."
We certainly DONT have inflation? and FED POLICIES and US $ weakness and otflows have NOTHING to do with rising OIL and commodity pricing?
And not one of those nitwits is intelligent enough about the subject to pose this question to him?
all is lost... do any of the Congressman elected even have their GED?
Runaway inflation no threat? NO WONDER, these in crowd people probably have choffaurs..and never see the price of gas at the pump! And eat out on the gov’t dole and never see the check!
D
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