10.02.2007

Calling BS on the Fed goes mainstream

MSNBC (yes, it's technically a mainstream network, even though nobody watches it) on the Fed and inflation:
Catch that bit about "core inflation"? That's Fedspeak for: inflation is under control, unless you look at the costs of things that are going up.

And CNN: Bernanke screws the responsible to bail out the speculators.

Thanks to the daily must-read Patrick.net for the links.

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