Bernanke Lies Under Oath re: Monetizing Debt
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Uploaded by protocol66 on Nov 4, 2010
On June 3, 2009 Fed Chairman Ben Bernanke said the Fed would not monetize our debt. On November 3, 2010, the Fed announced the printing of $600-900 billion in new currency to purchase bonds/debt. You might be interested to know that the current world money supply of US dollars is $800 billion. The Fed just said it is going to double that. Printing money to buy debt is "monetizing the debt." America, we are screwed.
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Uploader Comments (protocol66)
Top Comments
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The same group of people
that find it so easy
to lie about 9/11.
1 year ago 6
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Running out of options?
All Comments (11)
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Before this economic implosion is all said and done, Ben Bernanke's monetary policy will be responsible for more human deaths around the world, due to starvation, conflict and political unrest, than all of the murdering done by Stalin, Mao, and Hitler combined. Ben Bernanke is the Anti Christ, and no one forget it!
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Its a QE2 no brainer
futuremoneytrends. com/Gold_Standard_Debate. html
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dirty jew. die in pain!
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The Monster from Jekyll Island is going to destroy the US rise up and take back ur Republic before its too late ... maybe it already is too late....
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The Fed is now a Communist Organization. See the facts:
CommieBlaster(dot)com
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WHO did he say that to? Where can I find the video where he says "will not monetize the debt"
nottinmatterz2day 2 months ago
@nottinmatterz2day This was during The June 3, 2009 House Budget Committee Hearing. Can't post a link here, the video can be found at cspan . org, search for "Ben Bernanke" then scroll the results to find the June 3 video. There will be a link at the right that says "Video Playlist", click on the "from earlier, watch now link.
protocol66 2 months ago