Greenspan vs. Curly

Greenspan: Inflation, Yes. Stagflation? Maybe.

Alan Greenspan has some bad news and some sorta bad news for Americans on Friday: Inflation is here and stagflation might be around the corner.

Nyuk Nyuk Nyuk! - Curly of the Three Stooges

When asked about the potential for stagflation, a combination of weak growth and high inflation, Greenspan said, "Oh certainly."

Soitenly! - Curly of the Three Stooges

Greenspan also said, contrary to many the opinion of many, that there isn't a commodities bubble building.

Are you casting asparagus [aspersions] on my cooking? - Curly of the Three Stooges

"Once you get inflation pressure starting to emerge, you don't get bubbles." he said.

I resemble that remark! - Curly of the Three Stooges