Thursday, August 31, 2006

THE FED'S "BAD COP" SPEAKS OUT...

Now for the first time there is real dissent at the FED... It's the market guys vs. the macro guys.

Does the FED save the current economy...or save the dollar from it's inevitable future fate?

My hunch is that Bernanke has gone soft on inflation...at least till spring when the "big picture" will be more in focus.