http://theunbrokenwindow.com/2008/03/12/oil-and-inflation/ The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design. - F.A. Hayek Mon, 01 Dec 2008 23:41:38 +0000 http://wordpress.org/?v=2.3.3 http://theunbrokenwindow.com/2008/03/12/oil-and-inflation/#comment-58 Don Thu, 13 Mar 2008 14:43:35 +0000 http://theunbrokenwindow.com/2008/03/12/oil-and-inflation/#comment-58 See also: Gold See also: Gold

]]> http://theunbrokenwindow.com/2008/03/12/oil-and-inflation/#comment-57 Brad Samples Wed, 12 Mar 2008 18:00:44 +0000 http://theunbrokenwindow.com/2008/03/12/oil-and-inflation/#comment-57 The deterioration in Bernanke's inflation-fighting credentials since this time last year is absolutely remarkable. I had very high hopes for this Chairman and his ideas about inflation targeting and improving Fed transparency in general. While I admit that I am somewhat sympathetic to Bernanke's goal of preventing credit markets from fully seizing up, I think he has painted himself, whether intentionally or not, as a 'first-responder' to firesales on the Street. Whither the spirit of Volcker?? The deterioration in Bernanke’s inflation-fighting credentials since this time last year is absolutely remarkable. I had very high hopes for this Chairman and his ideas about inflation targeting and improving Fed transparency in general. While I admit that I am somewhat sympathetic to Bernanke’s goal of preventing credit markets from fully seizing up, I think he has painted himself, whether intentionally or not, as a ‘first-responder’ to firesales on the Street. Whither the spirit of Volcker??

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