Friday, November 22, 2002
Finance·Money, Ben Bernanke
Under a paper-money system, a determined government can always generate higher spending and, hence, positive inflation.
- Ben Bernanke, Before the National Economists Club, Washington, D.C., November 21, 2002
Bernanke doctrine (1) Increase the money supply (M1 and M2).
http://en.wikipedia.org/wiki/Bernanke_doctrine
http://www.federalreserve.gov/boardDocs/speeches/2002/20021121/default.htm
http://finclip.blogspot.com/2002/11/remarks-by-governor-ben-s-bernanke.html
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