Silver as an investment

Jackson Hole Kicks Off Fall Policy

The much anticipated news from the annual meeting in Jackson Hole, Wyoming failed to create much excitement. Everyone knows the Federal Reserve will eventually resume efforts to continue inflating the money supply to counteract the creeping deflation. Bernanke’s speech set the tone for policy as we kick off autumn.

As we have previously surmised, Bernanke checked to Congress, saying that “monetary policy cannot… neutralize the fiscal and financial risks that the country faces.” This means the Fed is not intending to paper over the effects of ignoring fiscal reform.

Bernanke Kicks Off Fall Policy Season at Jackson Hole, Wyoming

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