Whatever it Takes
WaPo said it, not me.
Clearly, the Fed chairman recognizes the severity of the problem and has decided to do whatever it takes to prevent anything like the Great Depression from happening again. Given where we are today, that means printing money, even if that runs the risk of creating a serious inflation problem.
In totally unrelated news, I should announce that I've resigned from my job to write full time (some of you already know this) and won't be talking much about that for now out of courtesy, just note it somewhere and let's go back to being on Bernanke's nuts. Hopefully Zimbabwe Ben is ready for what happens when JDA is chasing his ass for a living all day long.
Whatever it takes.