Friday, January 28, 2011

U.S. GDP Growth Accelerates .

Gross domestic product rose at an inflation-adjusted annual rate of 3.2% in the fourth quarter, according to the Commerce Department. GDP rose by 2.6% in the third quarter and by 1.7% in the second quarter.

No surprise here, as long as Bennie has the money printing machine going the manipulated boom will continue. But what is Bennie going to do when the money printing kicks up inflation by mid-2011?

Will he stop printing and crash the manipulated boom he has created?


Will he keep the printing going, which will accelerate the inflation?


  1. Bob, apparently nominal GDP was 3.4% annually but the GDP deflator was just 0.2% annually. Even the manipulated numbers look cooked.

  2. The GDP is due to inflation not actual higher economic output.