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The issue today is the same as it has been throughout all
history, whether man shall be allowed to govern himself
or be ruled by a small elite
— Thomas Jefferson

There are several measures that the Fed (or any central bank) can take to reduce the risk of falling into deflation. The U.S. Government has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many U.S. dollars as it wishes at essentially no cost — Ben Bernanke, successor to Fed. Chairman Alan Greenspan: November, 2002 at the National Economists Club, Washington, D.C.

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November 22, 2014 In: Research

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November 18, 2014 In: Research

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November 9, 2014 In: Research