Oh, incidentally, every dollar Bernanke prints devalues your 401K, your IRA, the worth of your house and all assets. It's coming out of the hide of all of us and our children and progeny down multiple generations.
Same old story ... Obama economy depends on Bernanke printing bushels of money. Obama dispatches Biden to the Fed every day to make sure Bernanke's printing presses are well oiled and going at top speed.
It is not self sustaining because of terrible leftist ideology, and the leftist policy of expanded fed govt., and redistribution. We are fortunate the world economy is bad mainly due to the USA not being worth a schit, and not participating in a world recovery. Otherwise, given a good economic recovery inflation would be out of control with all the dollars the fed has printed to sustain the massive debt Obama has caused.
Yep, Brian Williams the NBC Obama lap dog just said that is exactly what it means, exactly what I said, the economy is not strong enough to stop printing play money and the news is not good for every one (like the actual producers and savers.
And Bernanke is decidedly not the quiet type, he has his nose and mouth in places no Fed chief ever has before, and not even where he was during the Bush administration.