Just after Big Ben Bernanke claimed our wonderful economy was in no danger of a substantial downturn, he, in pretty much the same breath, essentially shot himself in the foot by using his strongest language yet to warn about inflation.
Well, over in Asia, then in Europe they listened to the second Bernanke, and started dumping short-term Treasuries like toilet paper.
The Worst Fed Head Since Greenspan™ strikes again!
A skeptical leftist's, or post-capitalist's, or eco-socialist's blog, including skepticism about leftism (and related things under other labels), but even more about other issues of politics. Free of duopoly and minor party ties. Also, a skeptical look at Gnu Atheism, religion, social sciences, more.
Note: Labels can help describe people but should never be used to pin them to an anthill.
As seen at Washington Babylon and other fine establishments
June 10, 2008
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment