- Jim Rickards via a recent King World News interview, read the full interview here:
Saturday, January 28, 2012
Bernanke is Targeting High Inflation
"Bernanke made it crystal clear they were going to go to some kind of quantitative easing. One of the reporters asked, ‘Do you worry that inflation may get out of control?’ The Chairman (Bernanke) responded, ‘We’re targeting 2% inflation.’ Of course, I don’t believe that. My belief is they are targeting something like 4% or 5%."
at 2:50:00 PM