Bernanke: The Fed Will Continue the Status Quo, or: Look for Helicopters Distributing Money!

The ‘Independent’ Federal Reserve has now signed on to underwrite (with fake money) whatever spending excesses our masters plan to make for the next two years as: Bernanke’s Decision May Lead Planet Into Financial Chaos explains.

You may rely on an ever-deepening financial hole into which we will at some point, fall. That point is not so far off as it once was. But neither Republicans nor Democrats can spend us rich and neither has proposed changing that format in rational terms.

‘Helicopter Ben’ Bernanke got his nickname remarking that if needed, government could distribute money dumping it from helicopters to avert deflation. He’s almost there…

About Jack Curtis

Suspicious of government, doubtful of economics, fond of figure skating (but the off-ice part, not so much) Couple of degrees in government, a few medals in figure skating; just reading and suspicion for economics ...
Gallery | This entry was posted in Banks, Debt, Deflation, Domestic Policy, Economics, Overspending and tagged , , , . Bookmark the permalink.

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