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Inflation is not a problem

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    Inflation is not a problem

    "The central bank's chairman said that recent work research at the Fed suggested that the two rounds of QE – or printing money – done by the Fed since the financial crisis have provided real support to the country's jobs market. However, he cautioned that drawing direct links between the policy and specific job creation is never straightforward

    ...

    The Fed chairman insisted that inflation is not a problem in the US, but that the bank would review its current programme of QE – scheduled to finish in June – should a faster economic recovery lead to a sharp rise in prices."


    Source: QE safeguarded 3m American jobs, says Federal Reserve chief Ben Bernanke - Telegraph

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    That's all right then.

    #2
    Germany suffered hyper-inflation. It's fine now.

    Inflation is good for you.

    Fire up the printing presses!

    Comment


      #3
      Originally posted by DimPrawn View Post
      Germany suffered hyper-inflation. It's fine now.
      Give or take a world war
      Doing the needful since 1827

      Comment


        #4
        Originally posted by amcdonald View Post
        Give or take a world war
        Or two...

        Comment


          #5
          Bernanke and higher food (commodity) prices « Historinhas
          "A life, Jimmy, you know what that is? It’s the s*** that happens while you’re waiting for moments that never come." -- Lester Freamon

          Comment


            #6
            He needs to try some new tune really.

            Comment


              #7
              Originally posted by zeitghost
              no.

              Just the 2nd one.
              ww1: 1914-1989.
              Job motivation: how the powerful steal from the stupid.

              Comment


                #8
                Originally posted by Ignis Fatuus View Post
                ww1: 1914-1989.
                Is that because some obscure tiny place was part of the original declaration of war then missed off the peace agreements until 1989 when someone noticed?

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