It looks like Ben Bernanke just had his 'concern over inflation' bullshit treated with the apparent respect it deserves by the markets. Oil is surging to new records, the USD is falling against the Euro (and Real, and NZD, etc.) again, and Bernanke has just lost the final shred of credibility he was saving in his pocket for a rainy day. 'Inflation Fighting Mandate' my ass. If you're going to play poker with the big boys, make sure you have either the right face for it, or a damn good hand. Thanks Ben! See you @ the corner of Stagflation Avenue and Consumer Rape Boulevard.