Monday, August 29, 2011

Scott Grannis : Thankyou Mr. Bernake

Calafia Beach Pundit: Thank you, Mr. Bernanke
It's past time for the world to understand that the big fixes now need to come from fiscal policy. Monetary policy has done all it can do to promote an economic recovery, and the Fed's focus going forward should be on ensuring that all the quantitative easing of the past several years doesn't allow the inflation genie to get out of the bottle.

Calafia Beach Pundit



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