Saturday, December 6, 2008

I'm In Yur Economiez, Preventin' Yur Deflashunz

LolBernanke.

If you're wondering how well the the Federal Reserve and the rest of us are going to fare against this recession we're all playing with, read this speech by Ben Bernanke from 2002. It's fantastic. Definitely worth a read if you've been worrying needlessly about things that are out of your hands...

My favorite line:

"We conclude that, under a paper-money system, a determined government can always generate higher spending and hence positive inflation."
Notice the word "always."

So stop worrying about the economy, people. You're in good hands. If the crap really starts hitting the fan, I'm almost positive that Ben Bernanke will actually get a helicopter.

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