Lost Republic
"Some of the biggest men in the United States, in the field of commerce and manufacture, are afraid of something. They know that there is a power somewhere so organized, so subtle, so watchful, so interlocked, so complete, so pervasive, that they had better not speak above their breath when they speak in condemnation of it."
~ Woodrow Wilson

On Bernanke’s Speech

* Bernanke is ready to keep printing.
* STOP DEFLATION! STOP DEFLATION! STOP DEFLATION! (Deflation would actually be a very good thing. It would reveal who is productive, and who is unproductive.)
* Saint Louis Fed Chairman James Bullard DOES NOT ANTICIPATE A DOUBLE DIP RECESSION. Let’s remember he said this. Shall we?
* Bill Ford, former Atlanta Fed Chairman, makes the same prediction — no double dip recession, though he offers some good analysis. Perhaps that’s why no longer with the Fed.

This entry was posted on Wednesday, September 1st, 2010 at 12:31 pm and is filed under End the Fed, Money/Economy/Taxes.

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