WHERE BERNANKE HAS FUCKED UP...IS INFLATION IS ALWAYS MONETARY...
ESPECIALLY WITH THE DOLLAR...SINCE SO MANY COMMODITIES ARE PRICED GLOBALLY IN DOLLARS...
INFLATION IS "SUPPLY AND DEMAND " DRIVEN IN VERY ISOLATED CASES OF SPECIFIC "HOT" COMMODITIES...
LIKE THAT NEW "FAD" CHRISTMAS TOY... FOR EXAMPLE...
THE KIND OF INFLATION WE HAVE NOW IS VERY VERY DANGEROUS... TOTALLY MONETARY...AND "BUBBLE DRIVEN"...
NO CENTRAL BANK, SINCE THE 1720'S, HAS SO LOVED ASSET INFLATION LIKE THE CURRENT FED...!
VERY LIKE THAT OTHER "HYPER-DEBTOR" NATION ...GERMANY IN THE 1920'S...!!
AND REMEMBER, IN THE END, "ASSET INFLATION" IS JUST ANOTHER WORD FOR "DEBT DEFLATION!!"
GOOD FOR BIG DEBTOR NATIONS---LIKE NEOCON WASHINGTON TODAY!