Quote of the day

NO KIDDING:

He now even admits it ON National TV:

"It's not tax money. The banks have accounts with the Fed, much the same way that you have an account in a commercial bank. So, to lend to a bank, we simply use the computer to mark up the size of the account that they have with the Fed."

"It's much more akin to printing money than it is to borrowing"

Helicopter Ben Bernanke, March 16, 2009