"We're not going to monetize the debt,"
posted on
Feb 26, 2010 09:27PM
"We're not going to monetize the debt," Mr. Bernanke declared flatly, stressing that Congress needs to start making plans to bring down the deficit to avoid such a dangerous dilemma for the Fed.
http://www.washingtontimes.com/news/2010/feb/25/bernanke-delivers-warning-on-us-debt/
Looks like we might have a repeat of 2008.