"But Fed Chairman Ben Bernanke Monday played down inflation fears, saying the rise in global commodity prices is likely to be temporary and shouldn't translate into a broader inflation problem. The Fed chief was quick to add that if his prediction is wrong and inflation begins to mark strong gains, the central bank would respond."-Ben Bernanke
Seriously dude? The last time crude was in these levels, was not temporary. It took a market collapse to bring it down to reasonable levels. Maybe Ole Ben is trying to tell us something.
Seriously dude? The last time crude was in these levels, was not temporary. It took a market collapse to bring it down to reasonable levels. Maybe Ole Ben is trying to tell us something.