[quote]Bernanke is trapped-
Actually, no, he's not, which is why none of your dire predictions has come true. None of this is new; none of this is rocket science; it's basic economics, just as it has been dozens of times before.
[quote]look at what happened when he hinted, obliquely, that the Federal Reserve would curtail the purchase of $85B/mo (yes, over $1T/yr) in MBS and UST.
*Shrug* Investors, and most economists, think Bernanke spoke too soon. The market briefly overreacted and promptly cooled back down a few weeks later. And, as usual, your confident predictions about doom and gloom and 50% interest rates completely failed to materialize.
[quote]As soon as it becomes inevitable that the Federal Reserve cannot purchase these instruments (and they currently own almost 1/3rd of the market) the crash will be epic.
LOL.... Moron, the money is just sitting there in the Fed's books and it will be erased just as easily as it was added, which is why none of your dire predictions has, or will, come true.
[quote]Inflation is already at 1970s levels (despite what the government propaganda numbers say)
Sorry, moron, but it's not. If you're thinking of the Shadowstats site, you really shouldn't. That site is no more accurate than the Unskewed Polls site was for the 2012 elections. It's not using the 1970s calculation for inflation; it's simply adding an offset to the current calculation, which is really stupid. And only gullible morons like you are unable to see that.
Since the government inflation rate has been closely tracking the MIT inflation rate data, despite the inevitable glitches here and there, which always swing back again in a few months, we have pretty clear evidence that, as usual, you're wrong.
[quote]The simpletons who believe everything the (government controlled) media says are scary.
The simpletons who believe everything they read on their wacko conspiracy sites are scary. And stupid, And hilariously funny!
[quote]They will be the ones screaming for the government to "DO SOMETHING" and bewildered by the fact that the economy is dying.
So you've been claiming for half a dozen years, at least. When are your predictions, *any* of them, going to come true?