Free Republic
Browse · Search
GOP Club
Topics · Post Article

To: 2ndDivisionVet
For example, why does Fed Chairman Ben Bernanke claim that they aren’t printing money when that’s exactly what quantitative easing is?

Bernanke is accurate. Paper money is passe. The Fed creates electronic money.

2 posted on 03/02/2011 10:15:47 PM PST by mlocher (USA is a sovereign nation)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: mlocher
Bernanke is accurate. Paper money is passe. The Fed creates electronic money.

Now that is a semantic distinction you can take to the bank. Well, you could if an electronic bank had a location.

9 posted on 03/02/2011 10:54:13 PM PST by TigersEye (Who crashed the markets on 9/28/08 and why?)
[ Post Reply | Private Reply | To 2 | View Replies ]

To: mlocher
[ Bernanke is accurate. Paper money is passe. The Fed creates electronic money. ]

Duuugh.. Currency is NOT money...

17 posted on 03/03/2011 7:24:44 AM PST by hosepipe (This propaganda has been edited to include some fully orbed hyperbole....)
[ Post Reply | Private Reply | To 2 | View Replies ]

To: mlocher

24 posted on 05/05/2011 8:09:00 PM PDT by tysonbam
[ Post Reply | Private Reply | To 2 | View Replies ]

Free Republic
Browse · Search
GOP Club
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson