Ben Bernanke: More Important Than The G20 Summit

Saturday, April 4, 2009

In our view, the Fed’s current “print the money” strategy (and, yes, I know the Fed doesn’t like this term or even “quantitative easing”) is make-or-break for turning the economic corner any time soon. It’s incredibly risky in terms of potential inflation – more than the Fed would ever concede – but preferable to all the available alternatives.