Friday, February 29, 2008

The Bernanke Reflation - WSJ.com

The Bernanke Reflation - WSJ.com

Is the Fed on the right track? Ben Bernanke is doing everything he can to stave off recession, but at what cost? Inflation.

Recessions are perfectly normal and usually prove to be healthy for the economy (though never fun), why is the fed willing to sacrifice inflation in order to stave off recession? Perhaps this opinion piece will shed some light.