Try this one on for size...

[gates]

http://market-ticker.org/akcs-www?post=170595



Another Mainstream Media Article: Hmmmmm (Inflation)
The Market Ticker ® - Commentary on The Capital Markets
Posted 2010-10-28 12:32
by Karl Denninger
in Federal Reserve
Another Mainstream Media Article: Hmmmmm (Inflation)

Heh, this is getting to be a pattern....



"The problem I have with QE2, is it behaves like a tax on the consumer," said David Giroux, a fund manager at T. Rowe Price. "People want to believe it's a free lunch for the economy, but it's definitely not. Next year, we're going to be paying more at the gas pump and the grocery store."

Yep.

Now I am a bit foggy on my History Class in High School, but I do recall that somewhere in the last couple hundred years we did have a wee dust-up with some folks over taxation without representation.

Can someone explain to me what representation I have on The Board of Governors of The Federal Reserve?

That could be a wee problem if people came to understand what Bernanke is actually doing to them and it's not an accident - but rather a fully-understood and expected outcome, no?

Just asking....

Disclosure: Long LEAP CALLs on Boiled Rope futures (/BRFU)

Discussion below (registration required to post)

[superjc]

It doesn't seem that complex

1. They put more $$$ in existence to preserve bank balance sheets
2. more $$$ in existence lowers the value
3. Takes more $$$ to buy goods/services. Every gets poorer (stagnant wages)

In a year or two will O still be utilizing child-like metaphors (car/economy/ditch)
and blaming Bush for the massive unfolding poverty? I don't see why not, he's been getting away with it (with at least enough people) so far. We'll see after Tuesday.