Fed Chairman Bernanke has been making the rounds drumming up support for a new bout of monetary inflation, and warning of the grave dangers of falling prices (just look at how stagnant the computer industry is!). The following charts show how seriously we need to take his warnings:
1. We're in danger of serious price deflation!
2. The money supply is dwindling and needs liquidity injections!
3. Bernanke's first round of money-printing fixed the stock market!
4. The US Dollar is too strong! We need to devalue it to be competitive!
Questions anyone?
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Published at RightOSphere.com.
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