"inflation is not imminent"? This esteemed gentleman apparently doesn't do his own grocery shopping. Even the Wall Street Journal has noted, this past week, that food prices are rising, and in a serious way!

The Feds could do everyone a favor and butt out. Thier printing of money and artificial propping up of the stock market and keeping interest rates rediculously low will all come to a head. It hasnt created any jobs and just prolongs the recovery if there was one.

The REAL unemployment rate is over 11% if you add back all the millions of people who have dropped out of the work force out of frustration at their inability to find a job. In order to be counted as officially unemployed, you must be out of work and ACTIVELY looking for a job. If you are unemployed and stop looking for work (what is called a "discouraged worker"), you don't count as unemployed and the unemployment rate magically goes down indicating an improvement which DOES NOT EXIST!

The stock market has been rising because the Fed has been PRINTING money to buy bonds, which pushes interest rated down (below the rate of inflation) and sends investors rushing out of bonds and into the stock market in search of returns that at least keep pace with inflation. Nearly $2 TRILLION has been printed by the Federal Reserve and used mostly to buy Obama's debt since 2009. The stock market is in a bubble, a bubble which will surely burst. In fact, the stock market FELL 2% last week. In one week 2% of the value of the entire stock market evaporated. Hope and change you can bereave in.

Government is broke. Consumers are broke. Businesses are sitting on $2T in cash. Until businesses get back in the game and start spending again, nothing government or consumers can afford to do will help.