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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: John Vosilla who wrote (121556)9/22/2012 1:01:01 PM
From: tejek  Read Replies (1) | Respond to of 149317
 
Nothing can compare to what Bernanke has done. He is worse than Hitler. He makes Stalin look like Sponge Bob. The world will be coming to an end shortly.


I don't know whether to laugh or feel sorry for all these people thinking that way. What a drag so many will be on economic growth not reaching our potential for a long time? I totally understand the long term possible ramifications of this easy money policy but hey life goes on and you can borrow cheaper than at any in any of our lifetimes and thanks to the Bush economy buy the assets you are borrowing on the cheap at least in my world..
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If Bernanke was planning to keep this kind of economic policy in place for the next 50 years, I could understand all the furor.......but that is not the case at all. And the fear that they raise over and over again..............that it will lead to inflation is BS. You can't have inflation when the country has a large shadow inventory of housing, 8% unemployment rate and a industrial cap rate of 78%.