“I am disappointed, but not surprised, that the Federal Reserve decided to hand the American people more of the same failed policies that caused and then perpetuated our current financial crisis. Chairman Bernanke may believe there is no inflation, but try telling that to seniors who are on a fixed income, students trying to save for college, and the millions of other Americans who are contending daily with rising prices. If the problem was the Fed not printing enough, and Congress not spending enough, why have the trillions of dollars in monetary stimulus only benefited big banks and corporations?”
http://www.lewrockwell.com/blog/lewrw/archives/137017.html
Related posts:
What the Justice Department Pot Memo Means
Toppling Syria planned years ago
The Military Industrial Complex’s Assault on Liberty
Media Seeks Answers To General Solicitation
Bill Bonner: The Fed Was Right…
US Bombing Syrian Chemical Weapons Stockpiles Will Kill Many Thousands
Ron Paul: Expanding Covert Warfare Makes Us Less Safe
Peter Schiff: Cyprus Lifts the Curtain
Michael Hastings: my friend and his enemies
Lessons from the First Jobs of Financial Gurus
Bill Bonner: Aiming for Aristotle’s Head
Bill Bonner: 'Return to Zombieland'
Fred Reed: Government Can't Protect Us From Terrorism
Marc Faber: Train Yourself Not To Depend On The Internet & Mobile Phones
Eric Margolis: Tensions on the Korean Peninsula