Core Inflation US vs Japan

Saturday, October 16, 2010
Flat COLA: No Social Security Cost of Living Adjustment for 2011

-------- Original Message --------

Subject:	Deflation Watch: A Picture Worth a Thousand Words & More
Date:	Tue, 19 Oct 2010 13:52:24 -0700
From:	Jas Jain

Deflation Watch: A Picture Worth a Thousand Words & More

Just Call Him Bernanke-sama by Paul Krugman:

http://krugman.blogs.nytimes.com/2010/10/18/just-call-him-bernanke-sama/

 

Please see the attached graph courtesy of SF Fed via Krooksman's column. Americans are right when they claim, "we are not Japan." You bettcha. In particular, America's economic leadership is far more immoral than that of Germany and Japan. Bernanke is just a case in point. He is like American and Nazi doctors doing medical experiments on the Negroes and the Jews. He is conducting economic experiments that are horrendous for the savers and the working folk as well as for the economy as a whole. Krooksman and many other neo-Keynesians keep complaining about Bernanke not doing enough without understanding that Bernanke has his job solely to keep the bankers happy. He is in no position to help the economy other than thru helping the bankers. Plus he doesn't know what to do except that he must keep doing something in case it might work and to avoid criticism.

Jas

• Flat COLA: No Social Security Cost of Living Adjustment for 2011