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Watchwoman on the Wall
Inflation: Food, Fuel, and the Fed
By
Donna Calvin
By Mark W. Hendrickson As Americans increasingly feel the pinch of higher prices for food and fuel, the Federal Reserve’s QE2 policy of creating more money has been called into question. Asked if the Fed bore some responsibility for these vexing price increases, Fed Chairman Ben Bernanke essentially replied, “It’s not our fault.” Instead, Bernanke…
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