5.13.2010

Points to ponder

Does Bernanke know that he's totally screwed, that he has the power to create asset and commodity inflation but not to match it with wage inflation?

Or is he as naive and arrogant as Greenspan, seeing himself as an infallible god who can turn back the laws of mathematics with a wave of his sheepskin?

1 comment:

angryfutureexpat said...

Pithy, to the point, and absolutely right.

White House considering new tax-deferred accounts to encourage investing

CNBC : As part of a forthcoming package of proposed tax cuts, the White House is considering ways to incentivize U.S. households to invest...