Bernanke to Double Down on Money Printing

“Mad money printer Ben Bernanke, in addition to continuing his current $40 billion in mortgage-backed securities, is going to also purchase longer-term Treasury securities at the tune of $45 billon per month. This is very serious money printing, especially given that banks appear to be adding this money to the system rather than putting the funds in excess reserves. Prepare for strong 2013 price inflation.”

http://www.economicpolicyjournal.com/2012/12/bernanke-to-double-down-on-money.html

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