lol bernanke, transitory inflation

The Chairman looked very frightened at the press conference. His demeanor was not confident, his voice stuttering and quivering in both reading a prepared statement and fielding very soft questions. He painted himself in a corner. Tighten and the markets head south probably very sharply, interest rates goes up and we're back to September 2008 (if not worse) before you know it. Continue down this path and the flames of inflation will devour what ever little make believe recovery has been achieved, not to mention that PM's are screaming at the usually clueless public that their money is being debased.

Death by fire, or death by ice, seem his only viable two choices at the moment. We truly are in uncharted territory now....gentlemen batten down the hatches.

Big Mac Flipper  the Comedian stop trying to sound clever , your quite clearly dim as they come.

The only thing transitioary is this anemic recovery.