http://www.zerohedge.com/news/2013-01-04/liesman-fed-gets-print-dollars-bullard-indeed-we-do
THIS REMINDS ME OF THE TIME I WATCHED MY SON PLAYING MONOPOLY WITH THREE
CUTE YOUNG GIRLS ,(ONE WHO WAS HIS GIRLFRIEND) . MY SON WAS THE BANKER AND HAD UN LIMITED MONEY WHICH HE WAS FUNNELING TO HIS GF WHILE ALL HAD FUN AND ENJOYED HIS COMPANY (HE GOT TO PICK THE WINNER)
Submitted by Tyler Durden on 01/04/2013 13:59 -0500
THIS REMINDS ME OF THE TIME I WATCHED MY SON PLAYING MONOPOLY WITH THREE
CUTE YOUNG GIRLS ,(ONE WHO WAS HIS GIRLFRIEND) . MY SON WAS THE BANKER AND HAD UN LIMITED MONEY WHICH HE WAS FUNNELING TO HIS GF WHILE ALL HAD FUN AND ENJOYED HIS COMPANY (HE GOT TO PICK THE WINNER)
Liesman: "The Fed Gets To Print Dollars"; Bullard: "Indeed We Do"
Fed mouthpieces Bullard and Lacker are out in force this morning talking the market back from the edge of yesterday's FOMC Minutes and reassuring us that the economy is going to be weak enough for a lot longer to justify the Fed's actions. However, right at the end of Jim Bullard's interview with CNBC's Steve Liesman, we got a glimpse of the reality behind the curtain as the St. Louis Fed president threw Bernanke under the purgery bus... Following a discussion of fiscal policy uncertainty and the need to carefully spend what money we have, Liesman jokingly commented to Bullard that it is "Easy for you to say, you have a lot of dollars to spend; you get to print them!" To which the now foot-in-mouth Bullard replied, "Aaahh; indeed we do." This seems a little different from what Bernanke previously told Congress.
Forward to around the 7:45 mark (though the early discussion is worthwhile as Bullard talks the economy down)...
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