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Old 03-01-2011, 10:19 AM
 
2,541 posts, read 2,738,618 times
Reputation: 492

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How could our economy survive without his pearls of wisdom?

Federal Reserve Chairman Ben Bernanke told Congress Tuesday that a prolonged rise in oil prices would pose a danger to the economy. But he said a more likely outcome is a temporary and modest increase in consumer prices, not runaway inflation.

Bernanke: Rising oil prices pose threat to economy - Yahoo! Finance (http://finance.yahoo.com/news/Bernanke-Rising-oil-prices-apf-3112831950.html?x=0&sec=topStories&pos=1&asset=&cc ode - broken link)=

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