Well, here's a piece from The Big Picture that makes the case quite plainly. Check out the charts. In all the clamoring, jockeying for position and media mesmerizing it's almost always the one hardly anyone saw coming.
What's key to remember is those officials who really think they're running things really think they're running things. It's their gray matter, manipulations and presence. They are the light and the way.
http://t.ritholtz.com/bigpicture/#!/entry/the-fed-and-hyperinflation,532ea2ca025312186ce846d8/3%
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