Traveling Inside Richard Fisher's Gut: Inflation

Rortybomb submits:

Federal Reserve Bank of Dallas President Richard Fisher, today, signaling he may vote against QE2 (my bold):

?Having done our job, I see many risks to the Fed overstaying its welcome,? Fisher said during the Society of American Business Editors and Writers 2011 Annual Conference.

?Inflationary impulses are gaining ground in the rest of the world,? he said. With businesses grappling with higher commodity prices, ?my gut tells me that this will result in some unpleasant general price inflation numbers in the next few reporting periods,? and ?there is the risk that we might breach our duty to hold inflation at bay.?

Fisher also checked his gut in March, 2008, right before Bear Sterns collapsed (my bold):

Here, of course, I refer to the potential harm to the consumer and the business and financial sectors alike by unwittingly allowing the perception to take hold that, as the New York Times

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