“Our economy is under the control of a drunk driver, who is now making decisions based on broken metrics.  I’m talking about the Fed.  It has announced its newest plan to boost the economy. And the plan is based on two key, terribly flawed numbers.  This is likely to end in disaster.  The Fed has recently announced it will print $85 billion every single month until inflation rises above 2.5% or unemployment drops to 6.5%.  Printing money in itself is a dangerous activity. When you decide how much you print based on two flawed metrics, then it almost ensures disaster.  The numbers the Fed uses to measure inflation and unemployment are useless.”

http://sovereign-investor.com/2013/01/01/measure-of-inflation-is-meaningless/

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