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If This Fed Governor is Right, Then We're Headed for Trouble

erniel58 Wrote: Jun 20, 2012 5:33 PM
Uh; I may lack economics education beyond Econ 201 in college but if you create $3 Trillion more of something, shouldn't the value of those somethings decrease?

The Federal Reserve is gearing up for its once-every-six-week policy move on Wednesday afternoon, June 20. All eyes will be on Fed Chairman Ben Bernanke. Investors are increasingly expecting the Fed to provide more juice to the economy, either at this meeting or the next one. 

And if history is any guide, then that could give the market a short-term lift.

Any resulting rally, thanks to Bernanke and his board of Fed governors, isn't something you should be applauding. At least that's the view of Narayana Kocherlakota. He's the president of the...