RBS tells clients to prepare for 'monster' money-printing: As the recovery starts to stall, bond strategists dust off Ben Bernanke's freshman Fed speech, which inlcudes this gem: "The U.S. government has a technology, called a printing press, that allows it to produce as many U.S. dollars as it wishes at essentially no cost."
Posted by expathos (#1) 690 days ago (http://seekingalpha.com)
RBS tells clients to prepare for 'monster' money-printing: As the recovery starts to stall, bond strategists dust off Ben Bernanke's freshman Fed speech, which inlcudes this gem: "The U.S. government has a technology, called a printing press, that allows it to produce as many U.S. dollars as it wishes at essentially no cost."
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