Federal Reserve Chairman Ben S. Bernanke said unemployment is still âfar too highâ and the Fed may take further steps to boost growth, such as buying mortgage bonds or changing the way it communicates its policy goals to the public. Additional stimulus âremains on the table,â Bernanke said today at a press conference in Washington, declining to specify conditions that would prompt a move. âWhile we still expect that economic activity and labor market conditions will improve gradually over time, the pace of progress is likely to be frustratingly slow.â http://www.bloomberg.com/news/2011-...the-table-as-risks-to-u-s-economy-remain.html Make it frustrtingly "fast", Ben, and we are all happy. The Europeans would be happy, too.
Bernanke is waiting for Draghi to run the printing presses on full steam first. Europe's in far deeper shit than the US.
"The new Bernankcopter!! It's designed after Greenspans nose. The Square black box between the skids is a high velocity fiat printer. To the front of that is a direct feed, ink-cooled reciprocating fiat cannon."