Dollar Ponzi

Fed Out of Ammo? Read Bernanke’s 2002 Helicopter $$ Drop Speech

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from WallStForMainSt:


Fed’s Out of Ammo? Time to Read or Reread Ben Bernanke’s 2002 Helicopter $$ Drop Speech


Is the Fed really out of ammo after Sunday night’s QE, repo and currency swap lines did not stock US stock markets from falling to another record on Monday? Absolutely not, according to Ben Bernanke in his famous 2002 speech about deflation and how to fight it. Read the full speech here: Deflation: Making Sure “It” Doesn’t Happen Here…


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