I am puzzled why Bill Fleckenstein and Peter Schiff say Ben is going to pause. How can he? Inflation is rearing its head. Rents, which are 30 or 40% of CPI (?), are rising as housing cools, and will keep pushing up the CPI.
If the Fed lets inflation get out of control, our economy will be in a world of hurt. Inflation must be contained at all costs.
