Mark ... Everything you have been told is a LIE
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No Inflation Proves Critics of Fed’s Bernanke Wrong
So much for the inflation warnings. Two years ago, Federal Reserve Chairman Ben S. Bernanke suggested he would embark on a second round of asset purchases, sparking criticism in the U.S. and abroad that he risked a rapid acceleration in prices. Since then, inflation has held near the Fed’s goal of 2 percent, and bond traders predict prices will accelerate at about that rate during the next five years. “There are other problems to worry about other than inflation,” said John Silvia, chief economist at Wells Fargo Securities LLC in Charlotte, North Carolina. “I’m worried about the European situation and the ... (full story)
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