Zimbabwe Ben Confidence FAIL - W.C. Varones

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6.07.2011

Zimbabwe Ben Confidence FAIL

The markets were on track for their first up day in a week until Bernanke opened his BS-hole with just 15 minutes to go before the close.



The full text of his speech is here, but you already know the highlights:

- There isn't any inflation.
- The inflation is not my fault.
- The easy money flogging will continue until morale improves.

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