Janet Yellen, Bernanke’s soul mate (and mouthpiece) spoke last week. She argued that the Federal Reserve’s Zero Interest Rate Policy (ZIRP) should be maintained for another three years.
Tim Geither, Obama’s side kick, had a completely different take …
In what has to be the most-telegraphed event in financial and economic history, the mouthpiece mainstream media is making it clear that Bernanke is NOT going to announce yet another round of “QuantSleaze” in two hours.
Here is a link to a WSJ blog pos…
WSJ, CNBC, and now Bloomberg, the latter story found here:
http://www.bloomberg.com/news/2011-08-25/bernanke-signaling-no-qe-backed-by-data-
from-prices-to-freight.html
…keep warning the stock bulls and other chandelier-swingers that Uncle Benny th…
