The Phaserl


Bennie’s Worst Nightmare

by Andy Hoffman,

In February 2006, Benjamin Bernanke took office as the U.S. Federal Reserve Chairman.  A long-time disciple of the MONEY PRINTING KING – Alan Greenspan – he convinced himself the Great Depression could have been avoided with easier monetary policy.  He even said so in the famous “helicopter speech” of 2002…

Deflation: Making Sure “It” Doesn’t Happen Here – November 2002

…and man, has he made good on his promise…

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