Fed's 'QE Infinity': Four Things That Could Go Wrong - US Business News - CNBC: ""If the unemployment rate stays elevated, as I know it will, and inflation eclipses (Bernanke's) 2 percent target, what is his next move? What part of the Fed mandate takes precedence?" he added. "Economic growth comes from more people working and more people becoming productive, and all the Fed can do is destroy our currency's purchasing power.""
'via Blog this'