Helicopter Ben Bernanke has earned the new moniker of Banana Ben. He has earned the new name because of his desire to make the United States resemble a banana republic instead of embracing the policies that made the U.S. the greatest nation on earth. It is now abundantly clear to all that not only the Fed Chairman but also this administration will do everything in their power to create inflation. Their efforts are derived from the mistaken belief that inflation can solve everything...
But the mother of all efforts to return to inflation nation came from the Federal Reserve. Following the FOMC meeting on Wednesday March 18th, Mr. Bernanke gave all investors a final warning to get out of cash with his plan to expand the Fed’s balance sheet to nearly $4 trillion.The Fed is preparing for massive inflation. There may be some time left. You have been warned - evasive action is recommended.
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