“Sugar Daddy” Benji Bernanke offered a wide-ranging excuses err… explanations for the Fed’s printing money out of thin air. No, he did not mention his ultimate aim to back up the dollar using land since the Petrodollar is going away; however, he did try pulling fiat paper dollars out of his (Rhymes with CLASS).
Anyway, he stated that the Fed needed to drive down borrowing rates because the economy isn’t growing fast enough to reduce high unemployment. Yep, sounds like a bunch of (Rhymes with HIT).
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