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Thursday, November 21, 2002

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).