Paul Krugman economics: Deny, deny, deny!

Brilliant!

 

I think anyone shopping in a grocery store or buying gas will see this for the bullshit it really is.

 

Neither of those are the Fed's fault.

 

Your right, the fed has a magic wand where Bernanke can selectively cause inflation only on the things he chooses.

 

And you're wrong. Other factors besides money supply can cause price changes.

 

Must be too much demand in this blistering zero growth economy we got going.

 

Zero growth for you.

 

Last quarters GDP growth 0.1%

My accounts growing just fine thank you.

 

And that's why there's no inflation.