Bennie & The Ink Jets Testimony
Congressional Testimony...
The effects of the housing contraction and of the financial headwinds on spending and economic activity have been compounded by
rapid increases in the prices of energy and other commodities, which have sapped household purchasing power even as they have boosted inflation.
the economy continues to face numerous difficulties, including ongoing strains in financial markets,
declining house prices, a softening labor market, and rising prices of oil, food, and some other commodities.
many financial markets and institutions remain under considerable stress, in part because the outlook for the economy, and thus for credit quality, remains uncertain.
as the foreign exchange value of the dollar has declined, rises in import prices have put greater upward pressure on business costs and consumer prices.
The Nattering One muses... Jim Rogers called Bernanke "a total fool", and for good reason.
Bennie's position last year was that a declining dollar DID NOT effect American's that bought only American goods.
Hmmm, did the dime finally drop for Bennie?
The effects of the housing contraction and of the financial headwinds on spending and economic activity have been compounded by
rapid increases in the prices of energy and other commodities, which have sapped household purchasing power even as they have boosted inflation.
the economy continues to face numerous difficulties, including ongoing strains in financial markets,
declining house prices, a softening labor market, and rising prices of oil, food, and some other commodities.
many financial markets and institutions remain under considerable stress, in part because the outlook for the economy, and thus for credit quality, remains uncertain.
as the foreign exchange value of the dollar has declined, rises in import prices have put greater upward pressure on business costs and consumer prices.
The Nattering One muses... Jim Rogers called Bernanke "a total fool", and for good reason.
Bennie's position last year was that a declining dollar DID NOT effect American's that bought only American goods.
Hmmm, did the dime finally drop for Bennie?
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