Stable prices (a fed mandate) is zero inflation.
Max Keiser yes on the fringe, but very accurate, predicting Icelands problems 2 years before they occurred. All documented on youtube as far as the date of the video.
Karl Denninger - He is a very down to earth, this is right that is wrong and here's why kinda guy. I respect his opinions immensly. He feels commodities are in a bubble, but he doesn't reveal when the bubble might burst.
Others worth watching are
Peter Schiff
Marc Faber
Here's a video of Max Keiser and Karl Denninger
http://www.youtube.com/watch?v=k5WcxJXnBG4&feature=player_embedded#at=115
If you so chose, please tell me what Karl says that you disagree with.
732002 - The fed only wishes that they could increase interest rates. In this economy they CANNOT increase rates. RE prices are falling and any rate increase will accelerate this fall.
Remember Ben said "I can increase interest rates in 15 minutes" also said "Sub-Prime is contained" and "there is no housing bubble" and "I can print my way out of any depression" (last two quotes may not be accurate)
Also any raise in rates will be catastophic to the US budget defecit. It is so complex that it's a wonder the FRN is still alive. You MUST realize that the FRN is the longest lasting fiat currency in the world to date. When the cards come tumbling down, i.e. China spends her dollars, JPM goes bankrupt from shorting 10 years worth of silver production, oil reaches $150-$200 a barrel 9again)
SIDE NOTE: I am of the opinion that the trigger for the housing bubble was $4.00 a gallon gasoline. The US population was used to paying $20 to fill up their tank went to $50.
when foreclosuregate reaches litigation stages,
for those of you who have heard the term "robosigners" but not know what it means, it is fraud and perjury commited on the courts by the bankster mortgage holder. Read Karl denninger at market-ticker.org for full detail, but the jist of it is bankers went so far as to use a dead and buried (literally several years) notary public's signature for some mortgage documents. AND NO ONE IS IN JAIL.
When inflation hits, in the next few months there will be riots in the streets across the US.
I tell you this so that you can prepare yourself and your family. The Dollar Bubble is about to burst and the US is about to become (actually by definition, already is) a Banana republic.
God knows I hope I'm wrong, but never in the history of mankind has there been such a massive increase in the money supply worldwide. And it's a debt oriented, meaning there is always more money owed to the bankers then there is in circulation, so it can NEVER all be repaid.