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When Will the Monetary Manipulation Stop?

August 7, 2009
Justin Williams

With pundits debating when the recession will end and how strong the recovery may be, the future of American economic policy still is in need of a firm, no-nonsense look at why this slump occurred in the first place.

As the inevitable recovery occurs, the Obama Administration will, of course, claim victory over the recession, while blaming greedy speculators (and anyone else who makes and sells a product at a profit). This, while they pump the remaining $7 trillion of unnecessarily allocated funds to continue buying up the economy.

But Americans should not be fooled.

The story continues …..

One Comment leave one →
  1. Tabitha permalink
    August 7, 2009 4:16 pm

    Bernanke…for all his pronouncements, he shows himself more ignorant on basic economic principles than high schoolers taking the course.

    “The best way to get out of debt is to incur more debt” is essentially how his policies boil down.

    That certainly works in the lives of ordinary Americans, doesn’t it?

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