Federal Reserve Chairman Ben Bernanke Warns Congress That The Federal Reserve Will Not "Print Money" To Pay For The Exploding U.S. National Debt

Think of it this way....
The government and the federal reserve are boyfriend and girlfriend
the federal reserve doesn't like what the government is doing and....*WHIPED* and since the federal reserve is a psycho evil bitch and the government doesn't have any more balls anymore....federal reserve gets what it wants...gah what happened to justice and rightousness....gotta love the lies and deception

shouldnt his name be Ben Ber-wanky! seeing as he is such a wan***!

Lets not only end the fed, lets burn the building down in a symbolic act of human resistance of power, stimultaniously burning the bank of england and just about every other bank down!

oh i hope i live to see the day that happens!!!!!

END THE FED!!!!!!

No, because cultivating a monetary policy that leads to inevitable and catastrophic economic self destruction is always the right way to go. But don't worry Ben, there will always be a place for you as an assistant manager at South Of The Border. Everyone needs a backup plan.

Oh the hypocrisy is stunning. It's the Fed's job to print money, albeit digitally.

Hey, where's that 500 billion unaccounted for in foreign banks Bernanke? Won't print money my fucking ass, where do his loyalties lie anyway?

good, no need to further devalue our currency.

Since bush was here they have already printed enough to last!

No. They wont print money for exploding US debt, but they will print money and pass it out for corporations and foreign central banks and foreign nations!
Get out the Greece!
LOL!

No, they will not "print" the so-called fiat "money," however that doesn't mean they wont issue electronic money!

There are two types of money in a fractional-reserve banking system, currency originally issued by the central bank, and demand deposits at commercial banks.

1. central bank money (all money created by the central bank regardless of its form (banknotes, coins, electronic money through loans to private banks))

2. commercial bank money (money created in the banking system through borrowing and lending) - sometimes referred to as checkbook money.

The devil is in the detains, and Bernanke is one such devil that will deceive you, unless you can "talk the talk" of money!

Better yet, how about the Federal Reserve disband, cease & desist, and stop printing money all together. Then the United States congress can begin issuing our own currency again.

They don't plan to "print money", good, hopefully they'll stick with the plan.

to bad the fed had to buy the bonds that they printed to begin with cause nobody elses wanted to take that much risk

Fantastic. But I think his words imply that we have before, which is how we got here in the first place.

Great, I now know we are not Zimbabwe.