A special HousingPANIC message for Ben Bernanke

If you f*cking dare cut rates even further, and destroy the US dollar (and savers) even more, especially after your rosy "inflation is fine, jobs are fine, the economy will be fine" report, then you should resign.

You will no longer have any credibility worldwide, and your loyalty to your banker buddies over the American people will have been glaringly exposed.

Ben Bernanke, if you cut again, and destroy the US dollar even more, you will launch a revolution. You can fool most of them most of the time, but not all of them all of the time. And you're REALLY starting to piss me off, you corrupt incompetent treasonous jackass.

Here's Schiff on what's happening, and what's to come:

Despite clear signs of surging prices in the U.S., the Fed took a major step in undermining its own credibility with its most recent forecast that inflation would remain below 2% for the next three years.

As the forecast clearly paved the way for additional Fed rate cuts, Wall Street ignored its absurdity and heralded the announcement as legitimate good news. The celebration is likely infuriating foreign governments, who must be dumbstruck that the Fed can claim contained inflation at home while the declining dollar is fueling massive inflation problems around the world.

In order to maintain their pegs to the dollar, foreign central banks have been forced to print their own currencies to buy all the dollars accumulated by their exporters. This has resulted in upward pressure on consumer prices in their respective nations, with annual increases now reaching alarming rates. Bernanke’s message of benign neglect means U.S. exported inflation will likely increase substantially in the years ahead, exacerbating the inflation problems for those nations now supporting the dollar.

In December, OPEC nations will convene to discuss continuing their dollar pegs. If they were looking for a reason to drop them, the Fed may have just provided it.