Sunday

Ben Bernanke to slow down the Money Presses


H/T TO CHIP BOK'S BOKBLUSTER

THE FED CHAIRMAN, BEN BERNAKE, HAS INDICATED HE MAY SLOW DOWN WHAT IS REFERRED TO AS QUANTITATIVE EASING.  THAT IS A COMPLICATED PROCESS OF PRINTING AND DISTRIBUTING MONEY WITH NOTHING TO BACK IT UP.  ESSENTIALLY MAKING THE DOLLARS IN YOUR POCKET WORTH LESS.  WHICH IF CONTINUES WILL BRING ABOUT INFLATION OR THE ECONOMIC NIGHTMARE OF HYPER-INFLATION.
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