There are so many protests happening around the world these days, I wouldn't be surprised if the *corrected* rumor from China was true...
Why would China want to suppress the riot, let alone stop from being broadcast all around the globe? It would be in their own interest to spill the beans as it were.
Ummm....I think your looking at the wrong measurement of the money supply. Perhaps the one attached will make it a little more clear.
instead of being tired you should force you brain to work a little so you maybe heard Bernanke wanted higher stocks? Actually I thnik he wanted higher house prices Although you should know desired assets grow faster than not desired so if we rate assets they will be in the following order 1. commodities 2. stocks 3. housing Bernanke takes credit for high stock prices but denies for commodity. But it's just impossible in this economic situation either he is responsible for commodities or not responsible for stocks in both cases he is just a liar
<i>"Bernanke takes credit for high stock prices but denies for commodity. But it's just impossible in this economic situation"</i> Isn't this the truth. He publicly stated higher stock prices would generate a "wealth effect" but as inflation pushes stock prices higher it also pushes commodity prices higher. There's always a trade-off. The markets are very efficient. Yes, you are richer, assuming you are actually in the markets, but it's going to cost you more at the pump and the grocery store so are you really richer? There's another major flaw with The Bernank's strategy. The public is just getting back into the stock market now. Mutual funds do their buying and selling at the end of the day and if you've been watching the markets closely lately you would have noticed the markets have been going vertically upward during the last 30 min's. There is strong participation from the retail investors now...now that we've probably topped. Oops. So much for the wealth effect.
How possible is the scenario where Benji plans on deflating the American debt through deflating the dollar through inflating Benji's supply?