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)
Gallery | This entry was posted in Banks, Debt, Deflation, Domestic Policy, Economics, Overspending and tagged , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s