Officials More Forthright About the State of the Economy?
I have to admit that when I read today’s comments about the state of the economy by Federal Reserve Chairman, Ben Bernanke, I was shocked that the article would be so truthful. Yes, finally a news article that was based on facts rather than political agenda.
The article today actually admits that the Federal Reserve will have to “print money” in order to purchase Treasury Bonds from the U.S. as well as conceding that such an act would cause an even greater strain on the tanking value of the dollar.