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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BEN BERNANKE: World's Greatest Counterfeiter!

THE DOLLARS IN YOUR POCKET AND IN YOUR BANK ACCOUNT ARE BUYING LESS AND LESS AS THE FED CONTINUES TO PRINT AN ADDITIONAL 40 BILLION A MONTH.  THE MORE MONEY PRINTED THE LESS EACH DOLLAR IS WORTH.  WHO WILL THIS CRAZY POLICY HURT THE MOST?  NOT THE MAN WHO HAS MILLIONS BUT THE POOR WORKING GUY WHO LIVES FROM PAYCHECK TO PAYCHECK.  IF WE CONTINUE DOWN THIS PATH WE ARE HEADED NOT JUST FOR INFLATION, BUT FOR HYPER-INFLATION, WHICH MEANS YOU GO TO THE STORE WITH A SACK FULL ON MONEY AND BRING YOUR GROCERIES HOME IN YOUR WALLET.

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