He's desperate....,.BUT he is still printing.
His appearance on 60 Minutes will make "duck and cover" Cold War propaganda look like the thing that saved the planet.
UPDATE:
CBS Sunday, Dec. 5, 2010
THE CHAIRMAN - The chairman of the Federal Reserve Ben Bernanke gives a rare interview to Scott Pelley in which he discusses pressing economic issues, including the unemployment rate, the deficit and the Fed's controversial $600 billion U.S. Treasury Bill purchase. Henry Schuster is the producer.
(Thanks2MB)
I clearly have gotten old. I would much rather watch Bernake on 60 Minutes rather than scantily-clad nubiles on the internet.
ReplyDeleteThanks for the heads up.
Heh, the PR campaign to explain what's happening isn't pure evil continues. :)
ReplyDeleteCheck out this poster on QE2.
http://www.zazzle.com/ouqe2d_poster_by_abstractor-228849241195932834