Finance·Money, Ben Bernanke

A central bank should always be able to generate inflation, even when the short-term nominal interest rate is zero ...[this] more direct method, which I personally prefer, would be for the Fed to announce ceilings for yields on all longer-maturity Treasury debt.

- Ben Bernanke, Before the National Economists Club, Washington, D.C., November 21, 2002

Bernanke doctrine (3) Lower interest rates – all the way down to 0 per cent.

Bernanke observed that people have traditionally thought that, when the funds rate hits zero, the Federal Reserve will have run out of ammunition. However, by imposing yields paid by long-term Treasury Bonds.

He noted that Fed had successfully engaged in "bond-price pegging" following the Second World War.

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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

Finance·Money, Ben Bernanke

The U.S. government is not going to print money and distribute it willy-nilly ... although there are policies that approximate this behavior.

- Ben Bernanke, Before the National Economists Club, Washington, D.C., November 21, 2002

Bernanke doctrine (2) Ensure liquidity makes its way into the financial system through a variety of measures.

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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

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).

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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

Finance·Money, Ben Bernanke

The U.S. government has a technology, called a printing press, that allows it to produce as many U.S. dollars as it wishes at no cost.

- Ben Bernanke, Before the National Economists Club, Washington, D.C., November 21, 2002

Bernanke doctrine (1) Increase the money supply (M1 and M2).

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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

Economy, Ben Bernanke

A money-financed tax cut is essentially equivalent to Milton Friedman's famous "helicopter drop" of money.

- Ben Bernanke, [Remarks by Governor Ben S. Bernanke, Before the National Economists Club, Washington, D.C., November 21, 2002]

Dokdo, CHOO Kyu-ho

We reaffirmed our unswerving position that Dokdo (or Takeshima) is our(Korean) territory given authoritative historical evidence, geographical facts and international law.

- CHOO Kyu-ho, director general for the ministry`s Asian and Pacific Affairs Bureau

Algae fuel

Algae fuel

Algae fuel might be an alternative to fossil fuel and uses algae as its source of natural deposits. Several companies and government agencies are funding efforts to reduce capital and operating costs and make algae fuel production commercially viable.[1] Harvested algae, like fossil fuel, release CO2 when burnt but unlike fossil fuel the CO2 is taken out of the atmosphere by the growing algae.