Fed Inflates The Dollar and The Stock Markethttp://www.thomasbrewton.com/index.php/weblog/fed_inflates_the_dollar_and_the_stock_market/
Two headlines in today’s Wall Street Journal website summarize the destructive effectiveness of the Federal Reserve’s monetary inflation policies:
Bernanke: Fed Ready to Act if Needed
Stocks Surge on Fed Hopes
U.S. stocks jumped as investors saw hope for further economic stimulus in the form of “QE3” from the Federal Reserve.
Note that it