The Bernanke Bashing is getting a bit extreme...
If people would simply get off Bernanke's back and let him do his job...without the speculators and their media shills chiming in every two minutes...things could go a lot smoother.
The Greenspan Bubble Daze is over...get used to it.
The Bubbles went on for far too long...and of course now there is a price to pay...
It's called higher rates...and probably substantially higher rates... And in a "best case scenario" that will be all that is needed.
But if the FED loses control of the dollar...by listening to the speculators and their peanut gallery pundits in the media...REAL DAMAGE could enuse.
GET OFF BERNANKE'S BACK...HE'S JUST DOING HIS JOB...BECAUSE SADDLY GREENSPAN LEFT HIM A MESS THAT WAS NOT OF HIS OWN MAKING...
A 7% FED FUNDS IS PROBABLY NEEDED AND NECESSARY TO "ADJUST" THE DOLLAR TO IT'S NEW STATUS IN THE WORLD...
WITHOUT THE NEEDED RATE HIKES...GAS COULD GO TO $5 PER GALLON...AND A DOLLAR COLLAPSE IS LIKELY.
