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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: GST who wrote (94735)6/4/2008 4:16:16 PM
From: Sunny Jim  Read Replies (1) of 110194
 
Comment by Bernanke
"Over the years, Fed policymakers also have learned more about inflation and how to fight it, he said."

The primary lesson they learned about inflation is that if you measure it by not counting or by undercounting various elements, it won't be a problem. They may be kidding themselves but they aren't kidding the average person. Inflation is alive and well and is killing the consumer.
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