Government won't even acknowledge that inflation is an issue: Ken Kurson
(NEWSER) - America is facing an inflation crisis, and there’s nothing it can do—because the government won’t acknowledge the problem, writes Ken Kurson of Esquire , in a piece entitled “Let Them Eat iPads.” Why the title? Well, last month some poor soul confronted New York Fed Chairman William Dudley about soaring food prices, asking him when he’d last gone grocery shopping. Dudley replied with what Kurson calls "an observation worthy of Marie Antoinette": “Today, you can buy an iPad 2 that costs the same as an iPad 1, that’s twice as powerful,” Dudley said. More»
