Sarah PalinSarah Palin, former governor of Alaska, commented on the Federal Reserve's plan to buy $600 billion of long-term assets, saying that Fed Chairman Ben Bernanke should "cease and desist."

"We shouldn't be playing around with inflation," Palin said in remarks prepared for a Monday speech in Phoenix, according to Reuters.

Any economic boost from the purchases will be "temporary" and "artificial" and will lead to higher inflation, Palin said.

"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," Palin said.

Bernanke's plan to buy up assets has encountered fierce criticism at home and abroad.

China, Germany and Brazil have all denounced the plan as harmful to the global economy. Representative Paul Ryan said that it will lead to "a big inflation problem."

Bernanke has defended the plan, dismissing suggestions that he is trying to boost inflation.

"It's critical for us to maintain inflation at an appropriate level," Bernanke said last week.

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sebring44

wow SARAH is now a MACROECONOMIST who could NOT balance alaska's budget and it had billions in oil royalties.

November 15 2010 at 10:09 PM Report abuse rate up rate down Reply
eddhino

IF SARUH PAY$$$$LIN SAID IT HAS TO BE TRUE BETTER STICK TO WIPING TIG ,S ASS SARUH AND POPPING BABIES OUT THATS YOU JOB DESCRIPTION N MAKING MOOSE STEW

November 10 2010 at 11:34 AM Report abuse rate up rate down Reply
eddhino

IF SARUH PAY$$$$LIN SAID IT HAS TO BE TRUE BETTER STICK TO WIPING TIG ,S ASS SARUH AND POPPING BABIES OUT THATS YOU JOB DESCRIPTION N MAKING MOOSE STEW

November 10 2010 at 11:33 AM Report abuse rate up rate down Reply
rcata91880

Sarah Palin is perhaps the greatest economic genius who ever lived, after Ronald Reagan,of course. In fact, I'm sure she knows more economics than Smith and Keynes combined.

November 10 2010 at 9:42 AM Report abuse rate up rate down Reply
allisonisa39e

Sarah is becoming a very knowledgeable politician. What she is saying is far better then what Bernanke is saying and he is supposed to be a financial wizard. We would be better off if we replaced him with Sarah. She has said several things recently that shows that she would do a far better job then some of the idiots that remain in Congress.

November 10 2010 at 6:29 AM Report abuse +1 rate up rate down Reply
1 reply to allisonisa39e's comment
slinger 53

dont no jack, she do not know anything she is just HOT AIR.

November 10 2010 at 7:41 AM Report abuse -1 rate up rate down Reply
dsnrntrng

QE2 is being ridiculed by both the left and right economists as very dangerous. It could (and probably) will bring down the economy. The people in power are making lots of money from this.

November 09 2010 at 11:10 PM Report abuse +3 rate up rate down Reply
1 reply to dsnrntrng's comment
slinger 53

exscuse me what is QE2. I hear alot about it. Alot of people do not know what it is.

November 10 2010 at 7:43 AM Report abuse rate up rate down Reply
dvdsn61

Well, well, It seems those who hate Palin are good at calling her names, but don't have even the slightest knowledge of the subject to elaborate on how she was wrong in disagreeing with Bernanke! That's just typical.

November 09 2010 at 8:33 PM Report abuse +1 rate up rate down Reply
1 reply to dvdsn61's comment
pkgoal51

Mama Grizzlie has no knowledge of macro economic theories except what she is handed to read. Please don't tell me her intelligence on monetary policy is more than a micro chip of a former Harvard professor who wrote his thesis on the Fed's monetary policies during the Hoover and Roosevelt presidential terms.She does better holding a rifle (though she can't shoot) and ranting about the second amendment which she has memorized.wink, wink

November 09 2010 at 10:55 PM Report abuse rate up rate down Reply
jsim6974

She should stick to what she does best, popping out babies.

November 09 2010 at 8:09 PM Report abuse -3 rate up rate down Reply
jg2952

I believe Sarah Palin is a person that has been sent to destroy the american people beliefs. She has a way of causing all kinds of termol and trouble for the american people. I think it is time for her to have a significant emotional event to encounter her life. I am 70 years old and have never seen any person like her that has a bad feeling about people she doesnot agree with. Send her to :::::

November 09 2010 at 7:18 PM Report abuse -5 rate up rate down Reply
1 reply to jg2952's comment
Linda & Billy

Where do those ideas come from? Whenever Sarah Palin speaks, she advocates for common sense in American politics. What is wrong with you Palin-haters? Listen to what she is saying and realize what she is really all about. She is a patriot of the highest order and just doesn't want America going the way of Europe.If she were president you would see many changes for the better in your lives..not like what is going on now.

November 09 2010 at 10:01 PM Report abuse +2 rate up rate down Reply
jcabrie

Bernanke is an empty suit. He's destroying the dollar and smiling as he does it. Doesn't Bernanke have Obama's endorsement?

November 09 2010 at 7:05 PM Report abuse +6 rate up rate down Reply
2 replies to jcabrie's comment
jtmader

Everything Bernanke has done has made big banks bigger, Wall Street richer and the citizen pooer. I hate to say this but Sarah Palin may know more about economics than the Fed Chairman.

November 09 2010 at 8:21 PM Report abuse +4 rate up rate down Reply
Linda & Billy

You bet he does and neither one of them has a clue what they are doing. In a little while we won't have enough money to buy food for our families or gas to get to work even if there is a job to go to. We need to impeach Obama for high crimes against humanity. He has destroyed the future of all our children and grandchildren with all his adolescent ideas. America can't stand another term for this traitor.

November 09 2010 at 10:09 PM Report abuse rate up rate down Reply