June 22, 2011

So Much for "Helicopter" Ben

Setting aside the merits of Ben Bernanke's famous prescription for addressing a depression by dropping money out of helicopters, where are his helicopters now?  Why is he not showering the public in cash to restart the economy, if that's what he believes in?  Methinks his shareholders have his helicopters firmly moored to the ground, as they have no interest in devaluing their debt product.

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