Tag Archives: uncle ben

dr doom (mark faber) calls uncle ben a liar.

“Mr Bernanke is a liar; inflation is much higher than what they publish. I would imagine for most households it’s between five and eight percent per annum in the United States and in Western European countries maybe a little bit lower but also around four and five percent per annum,” he said.

In addtion, Faber said high food prices, which have sparked political unrest in Egypt, would next cause turmoil in Pakistan.”

says pakistan is next (as we reported yesterday)

read more here:

http://www.cnbc.com/id/41385143

fed’s Hoenig says QE3 (money printing) may be discussed

more inflation people and more riots. stay tuned

“Another round of bond buying “may get discussed” if the numbers look “disappointing,” Hoenig told Market News International in an interview published on Tuesday.”

read more here:

http://www.reuters.com/article/2011/02/01/usa-fed-hoenig-idINN0112049620110201