Thursday, February 28, 2013

The Delusional Bernanke

Earlier in the week, Senator Bob Corker asked Bernanke to respond to his dismal record on debasing the dollar and his record on price inflation.  Bernanke responded proudly that be believes his "inflation record is the best of any Federal Reserve Chairman in the post-war period." I know "facts" can get in the way of anyone; however, Bernanke is totally delusional about his record on inflation. Simply look at the following chart.


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