Chicken-littles like you have been crying wolf about inflation and the bond vigilantes since the beginning of the recession while interest rates have not risen and neither has core inflation.  I guess if you keep saying it it might turn out to be true sometime.  Even a stopped clock is right twice a day.

America can't be the new Greece because we control our own currency and they don't.  It's an invalid comparison.   So S&P is sounding the alarm. Let's see, that would be the same S&P that collected all those banker fees for rating their now worthless mortgage derivatives AAA, wouldn't it? How much credibility shou...more

I'm always amused by the idea that people deserve their wealth because "they earned it" as if no one else was involved in creating it. It's like saying that a general won the battle on his own without the help of the soldiers who did the fighting and ran supplies, and the people who built the weapons and ammunition.  I...more

The problem with the whole system is that it gives the money to the banks and financial institutions to increase investment, but who's going to invest when demand is so weak? Go ahead and create the money, Ben, but give it directly to the people who need it, who will spend it and increase demand.  There's no shortage o...more

I'm sure it doesn't matter if Bernanke or Fleckenstein is correct. Either way it's the wealthy who will benefit and the rest of us pay because they both have the interests of the banks and financiers at heart.   Until some policies are proposed that correct the obscene inequality in the distribution of wealth in o...more