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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.

I buy when other people are selling

— Jean Paul Getty

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Nick Rost van Tonningen ~ 777

September 18, 2018 In: Research