Saturday, June 16, 2012

END FED: Walmart Warns Of Serious Inflation (Food-Clothing) Ahead; Fed-Bankers Caused Stagflation

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We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Federal Reserve Interest Rates . How To Go To Heaven: www.jesus-is-savior.com pajamasmedia.com April 1, 2011 Even I know when too much is too much. Fed Chairman Ben Bernanke? Not so much: The Federal Reserve's emergency programs in response to the financial crisis were successful in helping the economy and now the central bank is at risk of overdoing it, said Dallas Fed President Richard W. Fisher. The central bank "opened the floodgates" and "it worked," the regional bank chief, who votes on monetary policy this year, said during a speech today in Dallas. "We re- liquefied the economy. In my opinion, we might have done too much." Fisher, 62, reiterated a point he's made in the past week that the Fed may be going too far, even as he defended the central bank's initial decisions. But there's talk at the Fed at doing even more more — in the form of yet another round of quantitative easing. Or as we used to call it: running the printing presses nonstop. Here's the word from IBT: Douglas Borthwick of Connecticut-based Faros Trading believes the housing double dip will "translate into a double dip on the overall US economy, further rolling forward any stimulus-exit plans set by the Fed, and setting the stage for an announcement of QE3 in July." "Jobs and Housing remain the focus for the Fed, and both areas continue to face severe difficulties," said Borthwick. Try as Bernanke might, the housing market just won't reinflate. What is inflating are the prices on things consumers actually buy: US consumers face ...
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