Friday, October 12, 2012

Bernanke Continues to Pretend He Has Control



Bernanke Continues to Pretend He Has Control (via http://www.economicnoise.com)

QE (quantitative easing), whether it be QE1 or QE10, is a euphemism. It represents the expansion of the money supply (printing money). An expansion of the money supply is inflation. Rising prices are not inflation, they are an effect of inflation. The disease is printing money (or QE if you want to…


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