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Faith in the Fed

By Jim Cramer

 About this article:
 Worry-wart-remover time? I did this skit on my edutainment part of "Mad Money" the other day in which I built a tower of wart remover to expunge the endless worrying about everything by everyone in the media. Today's a good day for wart remover. That's because we have good news on unemployment, and if we are going to avoid the myriad upcoming budget crises, we need to get employment going, which will then have a virtuous cycle of bringing in tax receipts and making it so that Bernanke will not have to stay as loose and we can worry less about hyperinflation. We all know that there were two paths out of The Great Depression: deflation on the part of the U.S. because of Hoover; and inflation on the part of Weimar Republic -- they had the reparations -- which led to fascism. Most people believe that Bernanke, in an...

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