Monday, February 28, 2011

Do these people understand economics?

Dudley: Don't blame Fed for recent price hikes

The Federal Reserve is not to blame for the rise in global commodity prices and it should continue its controversial purchases of Treasuries, according to New York Fed President William Dudley.

Posted by mark @ 06:21 PM (1351 views)
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3 thoughts on “Do these people understand economics?

  • “Do these people understand economics?”

    ~ Yes, and they are brilliant at it, because if they didn’t understand, they would get things right from time to time, It’s the law of averages.

    Le Crunch.

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  • delusional and untrue is all thats worth saying

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  • Everyone is paying off someone’s fictitious debt, that is impossible to pay off. These people are not idiots, we should look closer to home.

    Remember what the original bail out figure was? We are being taken for suckers by leaches. And if people think this is all about money,

    think on, because this is just a catalyst for many more agendas to be rolled out on an increasingly desperate population.

    History didn’t just turn on a sixpence upon the arrival of Obama, contary to popular belief.

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