Friday, August 16, 2013

Fed Admits – “Excessive” Inflation (aka “hyperinflation”) Coming

Fed’s Bullard: Inflation low for now, but could be excessive in the future
http://www.cnbc.com/id/100908107












Stocks tumble…
Stocks slumped on Wednesday as the market continued to gauge when the Federal Reserve might start to reduce its $85 billion in monthly bond purchases. Apple was a standout as some big investors took stakes in the smartphone maker.
http://www.cnbc.com/id/100962175

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