Tuesday, June 08, 2010

Ben Bernanke all but rules out double-dip

"No, if it even looks like a double-dip, then it's helicopter time again until we're all drowning in dollars. There will not be a double-dip on my watch. Not while there's any paper left in the world. I'd rather have a catastrophic collapse than a double dip, any day of the week."

Ben Bernanke, yesterday
And an interesting catastrophic collapse is exactly what you're going to get, Ben, as soon as the printing presses run out of ink.


Andrew said...

It didn't take too long to find a Bernanke story then...?

At least we know what he's going to do with all that paper.

Jack Maturin said...