“The U.S. economy has a technology called a printing press that allows it to produce as many U.S. dollars as it wishes at essentially no cost. A determined government can always generate higher spending.” This quote wasn’t from someone bemoaning the likelihood that the U.S. would go the way of a hyperinflationary banana republic. Rather, it came from the lips of Ben Bernanke when he served under then Fed Chairman Alan Greenspan during the last economic…

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