WASHINGTON — Tea Party favorite Sarah Palin on Monday weighed in on the global debate over the Federal Reserve's $600 billion plan to buy up government debt, suggesting Fed Chairman Ben Bernanke should "cease and desist."
"We shouldn't be playing around with inflation," Palin, who is widely seen as a prospective 2012 Republican presidential candidate, said in remarks prepared for a Monday speech in Phoenix."We don't want temporary, artificial economic growth bought at the expense of permanently higher inflation, which will erode the value of our incomes and our savings. We want a stable dollar combined with real economic reform. It's the only way we can get our economy back on the right track."
Excerpts of the remarks were published online by the conservative National Review magazine. Palin's staff was not immediately available for comment. The report said the remarks would be delivered in a keynote address at a trade association convention.
Now, those of us who have more than half a brain are aware that the only think Sarah Palin knows about inflation is helium balloons at a kids party.
Notice that "her staff" wasn't available for comment? If this isn't a concocted piece of claptrap, I don't know what is.
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