Bernanke Admits To Congress: We Are Printing Money, Just ‘Not Literally’

In his semi-annual testimony before the House, Fed Chairman Ben Bernanke told policymakers that Fed is printing money, and will continue to do so if the data doesn’t behave, but reiterated his projection that QE will begin to be tapered later this year.

http://www.forbes.com/sites/afontevecchia/2013/07/17/bernanke-to-congress-we-are-printing-money-just-not-literally/

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