Ben Bernanke’s Land of Illusion

Welcome to the Land of Illusion, a little early for Halloween. In his first regular news conference, sans tough questions, Helicopter Ben’s promulgation was that there is no inflation and all is basically well.

Welcome to the Land of Illusion, a little early for Halloween. In his first regular news conference, sans tough questions, Helicopter Ben’s promulgation was that there is no inflation and all is basically well.

Rising global demand for food and fuel pushed up the U.S. cost of living more than forecast in January, a sign the risk of a damaging drop in prices is ebbing.