Sunday, December 5, 2010

Inflation Risk Is Low

In an attempt to support the the bond-buying program, Fed Chairman Ben Bernake, said that the economic recovery is not self-sustaining and the high level of unemployment may lead to another crash. He has given his 100% confidence that there will be no runaway inflation due to the bail-out. This is another piece of news in the constant high inflation vs low inflation argument that has been doing the rounds after the second bailout announcement.

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