“Jon Stewart Busts Fed Chair Ben Bernanke on ‘Printing Money'”
“Federal Reserve Chairman Ben Bernanke is so busted.
Comedy Central host Jon Stewart added his voice to others who caught the central banker contradicting himself over whether or not the Fed is “printing money” through its actions to bolster the economy.
BERNANKE: Well, this fear of inflation, I think is way overstated. We’ve looked at it very, very carefully. We’ve analyzed it every which way. One myth that’s out there is that what we’re doing is printing money. We’re not printing money. The amount of currency in circulation is not changing. The money supply is not changing in any significant way…” See it here.
“Jon Stewart Busts Fed Chair Ben Bernanke on ‘Printing Money'”
Frank James
NPR, December 8, 2010.
Image by Filomena Scalise / FreeDigitalPhotos.net.
