tag:blogger.com,1999:blog-1708908742323002823.post9187040769221215779..comments2024-02-10T02:18:27.240-08:00Comments on Trader Dan's Market Views: Inflation on the move in the Eurozone - Bernanke wears BlindfoldTrader Danhttp://www.blogger.com/profile/05484363461047659198noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-1708908742323002823.post-64291044102359468602011-03-01T10:38:22.583-08:002011-03-01T10:38:22.583-08:00Bernanke may be in denial about inflation but he p...Bernanke may be in denial about inflation but he probably figures he has lots of cover... can always blame Mideast turmoil, Eurozone disparity, China currency "manipulation", hurricanes, earthquakes, rain-soaked regions, drought, solar flares, locusts, pestilence, spiders from Mars and such.<br /><br />If (when) those excuses don't work Ben will resort to assigning blame to greedy commodities speculators. Congress and Wall Street will applaud. If that fails, he will blame Congress. That might work simply because they are guilty as well. Big Wall Street banksters will still applaud. They can always find and afford suitable replacement puppets for Washington.<br /><br />The history books will not be kind to Bernanke. Perhaps he will find temporary solace by rationalizing that he is one of the chosen, enlightened few, so alone in his brilliance with a perspective high above the common, uninformed masses.Larryhttps://www.blogger.com/profile/12820258639423060074noreply@blogger.com