Fiscal Policy - Bernanke to Congress "We are Printing Money"...
Swell.
From Forbes - http://www.forbes.com/sites/afonteve...not-literally/
Quote:
“Where does the Fed get the money to buy [assets],” Congressman Keith Rothfus asked the Chairman. “Do you create the reserves,” he queried in a follow up, receiving a simple “yes” from Bernanke. And finally, the money shot: are you printing money? “Not literally,” the Fed Chairman surprisingly responded.
The ride has to end sometime, where will you and your loved ones be when the circus train stops?
