Surprise, surprise. Bernanke is not going to give up on his belief that inflation will solve everything. Today, he and his fellow central bankers around the world have acted in concert to present themselves as financial action figures. Despite the fact that the U.S. Dollar has become something akin to the Zimbabwean Dollar, Bernanke has ordered the Fed’s “key rate” cut to 1.5%, which essentially means that the Fed now has negative interest rates. NEW YORK (CNNMoney.com) — The Federal Reserve, working in coordination with other central banks worldwide, enacted an emergency interest rate cut on Wednesday. The Fed lowered … Continue reading When in doubt — turn on the crank!