Quote of the Day

The U.S. government has a technology, called a printing press, that allows it to produce as many U.S. dollars as it wishes at essentially no cost. — Ben Bernanke, Chairman of the Federal Reserve

Of all the contrivances for cheating the laboring classes of mankind, none has been more effective than that which deludes them with paper money. — Daniel Webster

Source: The Demise of the Dollar by Addison Wiggin. New Jersey, John Wiley & Sons, Inc. 2008, pg. 81.

To see just how much Ben Bernanke has been using that printing press, see my previous post.

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