Printing trillions of dollars does little to help

January 17, 2012 07:22

US deficit spending is $1.4 trillion dollars, Bernanke is flooding banks with cash, interest rates are at record lows, mortgage rates are at record lows, and velocity of money is falling like a rock. – Mish’s Global Economic Trend Analysis


Graphical Representations of Bernanke’s Effort to Stimulate Bank Lending


“Bernanke is trying every way he can to get banks to lend (printing coupled with a multitude of lending facilities and Fed programs).

It’s easy enough to prove the printing: Base money supply is up about $1.8 trillion since the start of the recession.”

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