11/11/2010 - There might not have been a second round of quantitative easing, if Federal Reserve Chairman Ben Bernanke shopped at Walmart. ∴ A new pricing survey of products sold at the world’s largest retailer [WMT 53.95
-0.18 (-0.33%)] showed a 0.6 percent price increase in just the last two months, according to MKM Partners. At that rate, prices would be close to four percent higher a year from now, double the Fed’s mandate.
Read more at CNBC...(Hat tip: Glenn Beck 11/15)
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