Tuesday, November 16, 2010

One Reason QE2 Might Work Better than it "Should"

"The Seven Deadly Ingredients to the Coming US Hyperinflation" .

If you think it's just wingnuts saying this stuff, you'd be wrong. First off, lot's of people do watch Glenn Beck and Fox News, which are reporting that the sky is falling. Secondly, this shit is also in the NY Times, the Wall Street Journal, it's everywhere. Inflation expectations have changed.

Does the Fed do any robo-polling on inflation? They should... If they do, I suspect they just sent expectations skyward. Sure, you can also look at bond yields...
Posted by Thorstein Veblen at 10:41 AM

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