The Bernanke Money Effect

A really well-done article this morning from the Wall Street Journal (CLICK HERE) for all of you amateur economists (like me). Also, it’s very important to understand that many pundits keep talking about “green shoots,” but either I’m color blind or they’re delusional. Increases in aggregate demand driven only by new dollars from the Fed does NOT constitute real green shoots of growth, just a fertilizer-driven green up without any true stem to back it up.

Thanks, Mr. Bernanke, for continuing the delusion that we actually have a stem.