[lbo-talk] the coming American rebellion

Doug Henwood dhenwood at panix.com
Wed Mar 23 07:52:13 PDT 2011


On Mar 23, 2011, at 10:22 AM, Jaromil wrote:


> FYI: http://bit.ly/gFByvA
>
> i'm quite curious about your comments?

This:


> When QE2 was announced, I warned: “Food and Gas Prices Will Skyrocket, The Federal Reserve Just Dropped An Economic Nuclear Bomb On Us.” I also wrote: “The Federal Reserve is deliberately devaluing the dollar to enrich a small group of a global bankers, which will cause significant harm to the people of the United States and severe ramifications throughout the world….

is nonsense. The Fed was desperately trying to stimulate the economy in the absence of any serious fiscal action. I stopped reading there.

Doug



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