Today is a teaching day for me, so I don't have much time. But I am currently listening to Bernanke answering questions from the Joint Economic Committee. Here is a link to his testimony. Not much about inflation in there.
As I write this and listen to the Q and A, Ron Paul is apoplectic, as you might imagine.
In other news, the ECB and the Bank of England leave interest rates where they are.
I'm giving a test in a couple hours. One of the concepts we have been discussing is the relationship of the value of the dollar to the interest rates at home and abroad. Nothing like being able to pull a question right out of the headlines.
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