The View From 1776
Dollar Sinks Under Weight of Helicopter Ben Bernanke’s Latest Fiat Money Dump
As in the burgeoning of the 1970s stagflation, bond investors are beginning to fear onrushing, big-time inflation.
- Crazy week! Volatility in commodities, bonds and currencies was incredible. How does the FED keeps a lid on this is the question. Unemployment will not be coming down. Cap and Trade, additional regulations on production and our economically illiterate president/congress will create problems which can only be imagined. This is a disaster waiting to happen and the current bastardized version of Lord Keynes and the progressive rationalization for further government stupidity is the problem. Make money where you can, keeping in mind of course, that it doesn't grow on trees or come from the printing press.