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  • Humberto Fontova: An interesting question is could anyone but Batista have straightened out the political mess that was Cuba in 1933,...

  • asombra: A related phenomenon is the demonization of Batista, who did FAR more harm to Cuba because of what he led to (Castro, Inc.) than...

  • asombra: Cretina is way too old for “go-go” boots. The woman is pathetic.

  • asombra: Demonizing pre-Castro Cuba, something absolutely essential for the totalitarian Castro regime to “justify” itself,...

  • Honey: Is the Mayor of Miami a dem or a rep? I am guessing a dem or a rep in name only.

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realclearworld

Get ready!

...for hyper-inflation a la Weimar!

Bernanke acknowledged that the US economy faces an "unusually uncertain time," but if necessary, he hinted the central bank would resort to "Quantitative Easing," (QE), or printing vast quantities of US dollars, in order to prevent a deflationary spiral. With the US federal funds rate pegged near zero percent, Bernanke was asked by Senator Jim Bunning if the Fed is "out of bullets," Bernanke responded, "I don’t think so. We are prepared to take further policy actions as needed to foster a return to full utilization of our nation’s productive potential and price stability."

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