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Goldman Sachs takes issue with Bernanke's insistence that easy money has anything to do with...

Goldman Sachs takes issue with Bernanke's insistence that easy money has anything to do with higher commodity prices. "By focusing on core inflation, (they) are exporting looser monetary policy to EM (and) forced to import higher food and energy prices."
Comments (7)
  • At least somebody is getting it.
    4 Feb 2011, 09:38 AM Reply Like
  • "probably reinforced"..."partly because"....not exactly an all out attack
    on Fed policy....
    4 Feb 2011, 09:45 AM Reply Like
  • Hey, its a start. Perhaps others will also speak up, albeit softly.
    4 Feb 2011, 09:52 AM Reply Like
  • It almost looks like we're trying to improve our trade deficit by making the dollar cheap thus making US goods cheaper, but also pushing up prices on inelastic food demand though our ethanol policy.
    4 Feb 2011, 09:59 AM Reply Like
  • Genocide Ben is going to have a harder time hiding behind bogus BLS inflation numbers for the Emerging Markets, go he might as well deny any relationship exists between his hyper-loose policies and likely more accutate measures of real inflation.
    4 Feb 2011, 10:42 AM Reply Like
  • I am agreeing with GS, what the world has come too, lol.
    4 Feb 2011, 11:06 AM Reply Like
  • US "let your currency appreciate China"

     

    China "no"

     

    US "I got an idea...."
    4 Feb 2011, 11:54 AM Reply Like
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