Rising Inflation Turning Up the Heat on Central Bankers
March 25, 2011 at 13:33 PM EDT
A hilarious thing happened earlier this month. The President of the New York Fed, William Dudley, tried to justify the Federal Reserve’s easy money policy. In a speech before the Queens Chamber of Commerce, he claimed inflation wasn’t a problem, noting as one example that: “You can buy an iPad2 that . . . → Read More: Rising Inflation Turning Up the Heat on Central Bankers