Inflation Expectation Up 60% in 6 Months – Thanks Ben!
January 18, 2011 at 18:39 PM EST
It wouldn’t be fair to say that Bernanke is responsible for all the run-up in global food prices. There are many factors at play. That’s not to say the US monetary policy doesn’t have a central role in the global commodities market. The Fed has a big axe. Policies like ZIRP and QE encourage speculation. [...]
