The Fed

No human can withstand the political pressure to inflate reserves. As long as central banks have discretion, they will inflate the money supply.

If the Fed would quit meddling with interest rates, the natural interest rate would be revealed.

Sen. Toomey should read Mises or Rothbard, and check other resources on mises.org, and he'd be able to grill Yellen with greater intensity next time.

The Fed's terrible record of forecasting has destroyed its credibility to the point that its word no longer means anything.

The Fed admits the jobs data is worsening, and sees no way to raise rates without torpedoing the tepid recovery.

The FOMC appears to be downbeat about job gains, stating that the "pace of improvement in the labor market has slowed."

Inflation isn't an increase in prices, and deflation isn't what causes economic depressions.

Ben Bernanke is not the savior who rescued the global economy; he is the clueless fool who plunged a poisoned knife in its back.

Central bankers think the official statistics are overcounting inflation and undercounting productivity.

They have mismanaged the economy and I am afraid the worst is yet to come.