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.