Trickle down theory

As the Dollar Sinks, Prices of Essentials Soar

Intended or not, the Fed's quantitative easing policies are destroying the dollar's value. And that in turn is pushing prices of commodities that Americans need -- such as instance food, cotton and oil -- ever higher. And that hurts companies as well as consumers.

Why the Fed's Economic Plan Is Failing

Bernanke & Co.'s zero-interest-rate policy is backfiring or having even more pernicious results. Only the wealthy benefit from rising financial assets, as average Americans -- encouraged to add to their indebtedness -- are further impoverished. Risky speculation is again being rewarded.