Great idea! Bernanke is on Dr. Evil's "Good list" this Xmas.
Demand is high for safe bonds right now, so this will force even more money into ricky stocks, pumping the stock market and giving even more appearance of a recovery.
At the same time, ALL government obligations will be met through the Fed's printing presses, which will satisfy the dirty masses out there.
Ehh... except for those of us who realise this is the lemming's path to certain death that's been trodden by virtually every other nation in recent history, EXCEPt for the united states....
"Cowards & idiots can come along for the ride but they gotta sit in the back seat!"
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