George Will Shoots at the Fed and Misses, Big Time

George Will is apparently still obsessed with inflation and very disappointed that the Fed's policy of quantitative easing has not led to hyperinflation thus far. This led him to write a seriously confused column condemning the Fed and its Chairman Ben Bernanke.

Will complains:

"A touch on the tiller here, a nimble reversal there — these express the fatal conceit of an institution that considers itself capable of, and responsible for, fine-tuning the nation’s $15.7 trillion economy."

This ass...