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Saturday, September 15, 2012

Democrats Boo God, Mideast Erupts, Bernanke Prints More Money

"we'll print as far as the eye can see"
However, money printing is addictive. We have independent central banks exactly because it's so addictive. The lure of printing money out of thin air and buying stuff and assets with it is so powerful that even democracies felt the need to create an exception, to create institutions away from democratic control to watch over the money printing cookie jar.

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