Thursday, October 31, 2013

We Are Going From Helicopter Ben To Supersonic Yellen

4 comments:

  1. More like super sonic fear mongering. MIT billion prices project shows an annual rate of inflation below 2%.

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    1. That's great, if you buy everything online, but since the Commerce Dept. estimates total e-commerce sales in 2013 to be less than 6%, it's as crappy a stat as CPI for anything other than highly short-term predictive trends. BPP represents yet another example of the Hayek constant.

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  2. I suggest a name suiting for someone who might surpass Bernanke's money printing capabilities: Jumbo Jet Janet.

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