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Q. "Are You Printing Money?" A. "Not Literally"
The following brief exchange between a congressman and Ben Bernanke pretty much wins today's Humphrey Hawkins farce.
- Q: Are You Printing Money?
- Bernanke: Not Literally
And a FTW follow up from the Chairman:
- If the Fed were to tighten policy, the economy "would tank"
And there you have it. Everyone can go home now.
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