Ben Bernanke and his fatcats at the Federal Reserve insist they have the economy under control while creating US dollars out of thin air. See the interactive chart at Wall Street Journal.com
Post Tagged with: "Federal Reserve Chairman"
January 14, 2011 04:58
Govt says no inflation but there are riots over food prices
Cotton is trading at an all time high. Flooding in Australia could cause rising beef and wool prices. Federal Reserve Chairman Bernanke says he has inflation in control. “Who you gonna believe, me or your own lyin’ eyes?” ~Groucho Marx
October 12, 2010 15:27
Will the Fed Burn More of Your Money?
“Stripped of its academic jargon, the welfare state is nothing more than a mechanism by which governments confiscate the wealth of the productive members of a society to support a wide variety of welfare schemes. But the welfare statists were quick to recognize that if they wished to retain political power, the amount of taxation had to be limited and they had to resort to programs of massive deficit spending, i.e., they had to borrow money, by issuing government bonds, to finance welfare expenditures on a large scale.”~ Alan Greenspan
October 8, 2010 17:04
Bernanke Tells the Truth: The United States is on the Brink of Financial Disaster
This is as close as you are ever going to see a central banker admit that his country’s financial situation is so dire that it could breakup at any time.
February 25, 2010 16:48
Bernanke delivers warning on U.S. debt -Stage is set in U.S. for a Greek tragedy
With uncharacteristic bluntness, Federal Reserve Chairman Ben S. Bernanke warned Congress on Wednesday that the United States could soon face a debt crisis like the one in Greece, and declared that the central bank will not help legislators by printing money to pay for the ballooning federal debt.
