Tuesday, August 3, 2010

Bernanke keeps his promise ..

... of ruining the US economy. He just loves to fly the helicopter:
".... Federal Reserve policy makers signaled they will probably pass on providing more stimulus at their Aug. 10 meeting and wait to see if signs of weaker economic growth persist...."
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Comment: The natural way for the economy would be to move to deflation, punish the debtors, reward the savors, make the economy rational again. The Fed is leaning against this path to revovery that would happen after a sharp dip. Yet what Bernanke and his comrades do will destroy America.

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