Ben Bernanke pledges to throw gasoline on the fire

Bernanke pledges to keep interest rates low for at least the next two years – meaning real interest are several percent negative.  Large negative interest rates rapidly lead to economic crisis. “The low level of inflation is a validation,” Bernanke said. “There are some who were very concerned that our balance-sheet policies and the like would … Continue reading Ben Bernanke pledges to throw gasoline on the fire