-- U.S. companies shouldn't worry about inflation if they're planning on expanding their business, President Barack Obama said Thursday. "We're not seeing a broad-based inflation trend," Obama said at the first meeting of his Council on Jobs and Competitiveness. At the same meeting, Treasury Secretary Timothy Geithner said substantial world oil reserves should help with any disruptions to oil supplies, amid worry over turmoil in oil-exporter Libya. Obama said he thinks "we'll be able to ride out the Libya situation" and that it will stabilize.
http://www.marketwatch.com/story/businesses-shouldnt-worry-about-inflation-obama-2011-02-24
Fatboy sez: What. Me Worry?