Santelli: "Whatever The Fed Says, I'm Not Buying It"

QE3 and Inflation - Rick Santelli and Steve Liesman on Squawk Box.

Santelli has a stern message for Bernanke, and Liesman says he's gonna perform with the Grateful Dead's Bob Weir live on stage.  The world is now officially coming to an end.

Santelli compares Bernanke to an overprotective market babysitter.

"It's like going back in time and talking to Merlin about spinning straw into gold.  Despite all their research papers, the Fed really doesn't know."

You can skip the first 3 minutes.  Santelli begins at the 3:15 mark.

Comments

[chiller]

Looks like the Feds took the Ovomit articles off this site...too bad.

[JeffT]

Ron Paul was right again. You should have listened to him when you had the chance. It´S your own fault.

[bilejones]

And did anybody notice Liesman (appropriately named)
"will the Fed contain inflation?"

the response: they are committed to
"keeping .. inflation expectations contained"

note: not inflation, inflation expectation.