Wednesday, April 09, 2008

Cunning Chronicles of a Conservative

SHHH! Don't tell Attaturk, but sometimes I read blogs by (whispers) conservatives. Well, sane, not-mean ones, anyway.

The Cunning Realist is running a series called The Inflation Chronicles. He'd like to hear about how much deeper you're digging into your pockets and purses for your coffee and doughnuts. I'm the one who clued him in to the ghastly increase in the prize of mini-Tootsie Rolls at midtown Manhattan newsstands. Today he tells us that we'll likely be digging deeper:
Because the Bear Stearns debacle created so much controversy, watch for the Fed to maintain or even increase its liquidity efforts in an attempt to effect a de facto bailout for Wall Street and obviate the need for another intervention.
Cheerful! Anyway, check him out and tell him what's going on out there. Your TPS reports can wait.

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