Dear Senate: Please Ask Bernanke To Explain This

Tyler Durden's picture

Each time the Fed's balance sheet is expanded, gas prices at the pump surge... strange coincidence or entirely to be expected consequence of flooding the world with newly printed money. Dear Senate, please ask Bernanke to explain this... on Humphrey-Hawkins Report days, gas prices have only been higher once - right before the entire financial market collapsed.

Correlation does not imply causation... except when all the correlations are caused by the Fed:

 

 

 

 

 

Charts: Bloomberg