“Ben Bernanke, appearing before Congress this week for the first time since becoming Federal Reserve chairman Feb. 1, is likely to brush aside lawmakers' calls for a pause in the central bank's credit-tightening campaign and vow vigilance against inflation, analysts say.” (Bloomberg.com, Monday)
The best vigilance against inflation is free-market banking.
FEE Timely Classic
“Inflation in One Page” by Henry Hazlitt