the dude said policies belie those words to borrow from jim work records is burning he the lawrence welk of our time conducting fed policy with help from the same tricks. and the money would. you get it that was a bubble machine we'll talk about it let's get to today's capital account. from currency wars to actual wars we're going to break it all down for you today first what you could call the war on the us dollar you have ben bernanke the federal reserve chairman testifying a couple times on the hill recently saying hey we don't want higher inflation at the fed we won't tolerate it but well listen to an example we're not going to seek higher inflation in order to advance unemployment. it's possible that you know because we don't control in the short run perfectly obvious leave inflation unemployment to do you could have shocks that would drive both objectives away from their target which and currency wars author jim record says in a recent op ed to paraphrase hey wait a minute higher inflation is exactly what the fed wants inflation to limp dollar an asset bubbles are all in a day's wo

dollar an asset bubbles are all in a day's work just think of ben bernanke he is the modern day lawrence welk. with the boys does the show on the way with shuffle rhythm somebody. i do. see that conducting the orchestra with a little help from the bubble machine now if winter is prepare for inflation what does that mean does that mean by oil and gold well we'll talk about it and speaking of oil this of course brings us to iran a conflict between the west and iran according to some analysts could mean one hundred fifty dollars a barrel oil even two hundred fifty dollars a barrel oil and with the win of rick santorum and three u.s. republican presidential nomination contest last night we're reminded of that possibility. asian scientists working on the nuclear program in iran turned up dead . i think that's a wonderful thing. but i think we should send a very clear message he goes on part of his plan would be if iran doesn't meet u.s. demands there would be airstrikes very public airstrikes on nuclear facilities in iran and the washington post just reported u.s. defense secretary leon panetta be

thing, it is just not a cutting fact that his dad was governor of michigan,en us you are of the lawrence welks may help on the doper front if anything. >> the one problem mitt romney has not had is accumulating large sums of money. >> some point could run into a wall if he does lose michigan. everything changes. my favorite stuff you have written has been your novels on politics. they are weird, you know what i don't know that i can compete with reality. >> anymore, that's true. >> william goldman, great screenwriter, wrote about the movies, nobody knows anything about what makes a good move voir hit move stlarks is the mantra for this campaign and every time you guys talk about poll numbers, all i say is could you wait 72 hours? it is an un -- >> isn't it because the front runner doesn't have ties to this? >> more than that. >> if you had front winners are ties in a base, these numbers wouldn't be shifting. not. alternative that anybody can -- is it is like trying to on hat, running through a department store and anybody who is applying the rules of old bomb ticks to this campaign is going t