Bernanke: I'm Not Moving Gas Prices
The Market Ticker ® - Commentary on The Capital Markets
Posted 2011-04-27 15:46
by Karl Denninger
in Federal Reserve
Bernanke: I'm Not Moving Gas Prices
 

If gas prices are all supply and demand, then perhaps Ben can explain why gasoline moved higher by four cents - while he was talking.

Oh, and the dollar?

Forget it - it's headed for the toilet, which means you're going to see much higher fuel prices in the weeks and months to come.  $5 gasoline by Memorial Day at this rate - count on it.

But heh, stocks will be up.... for a little while, just like they were in 2008....

Anyone remember what came next?

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