CT Programmer

Hyperinflation, Here We Come

OMG! They just let anyone ramble on and on on Seeking Alpha now, don't they? This baby analysis needs to be thrown out with the bathwater. What the fill-up cost (which doesn't take into account MPG or the size of the fuel tank) has to do with inflation is beyond me. The author thinks he's making a point, with a nice colorful chart, but this is all just the rantings of a lunatic. Inflation always exists. Yes, in the future the average wage will eventually hit $100,000. Whether that's 5 years down the road or 15 makes a big difference, and this article does nothing to inform anyone of anything. No real figures other than "10 cents on the dollar" hypotheticals. Utterly useless article!

Bernanke's Statements: Blatant Lies or Wishful Thinking?

Remember the old commercials "When E.F. Hutton talks, people listen"? Greenspan was the successor to E.F. Hutton. For years, the market hinged on every innuendo and pause in between phrases of each and every public speech that Greenspan gave. They scrutinized and second-guesses everything he said. I think Bernanke is very aware of that, and the fact that everyone is throwing around doom and gloom --- if he joins the chorus (even if just by sighing in the wrong spot), it can move the market and usher in the bears. He's being a cheerleader. "It's not too bad". "The worst is over". He knows what's going on. He just knows that if he SAYS it, it will cause panic in the streets.