Forex News: "Inflation is as bad as its been in over twenty years," CEO Economic Update says. "Not only are as many companies raising prices as has occurred any time in the last 20 years, but more companies are planning to raise prices now than any time in the last 20 years," blog says, citing an NFIB survey. "Bernanke is going to keep interest rates alone and hope and pray the current recession is bad enough to bring inflation under control," post says. But Bernanke must realize inflation is worse than a recession. "If forced to act...he will break the economy in half to rein in prices."
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