"Federal Reserve Chairman Ben Bernanke offered a fairly upbeat assessment of the U.S. economy Tuesday, saying the recent surge in oil prices is unlikely to have a major effect on growth or inflation as long as higher prices do not become sustained.
Bernanke told the Senate Banking Committee he saw increasing evidence that the economic recovery has enough momentum to become self-supporting."
THEN WHY are you keeping interest rates at 0% and stepping in buying BONDS with QE2 out of thin air $'s?
As I suggested, the very FED policies in place are DIRECTLY responsable for
A) the finacial crisis and B) INFLATION seen by everyone but him.
Duratek
2 comments:
GOOD ONE. LOL
I guarantee there is a LIZARD person under the skin...
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