Re: Bernanke Speak for: Its all going down the Shitter!
Originally Posted by touchring
Really? But what if lowering interest rates doesn't prevent recession? Then we'll have the best of both worlds - Inflation + Deflation, at the same time. Inflation in cost of living and deflation in wages and assets.
6 months down the road, Bernanke might say: The US is in a liquidity trap, lowering interest rates cannot increase economic activity. We'll start raising now.
I think Hyper-Inflation is a trade off that the Republicans have decided to pay to avoid annihilation in November.
All offers to sell are void.