and Inflation,Deflation is the VELOCITY of Money ! and its collapsing just as it did in the 30,s …theres nothing new on Wall st.
The only way to counter act it and neutralize it is To PRINT an equal percentage of it and Get it into the PUBLICS HANDS ….Not the BANKERS HANDS as Bernanke did………He DID KNOW what to do ! …… BUTTTTT He gave it to his friendly Banker buddies and not the People !
thats what he did wrong ! He should have dropped it from Helicopters we would have been better off…
If he had real integrity he could have forced Banks to Lend .. Giving each 100 million and told to keep 5 million for themselves so they wouldent be concerned about the Interest Rate ,but REQUIRED to lend out 95% and prove it ..at any rate ..even zero ! Rinse and repeat as long as liquidity and Velocity was declining .That would have prevented the Mortgage collapse and all other defaults related to liquidity ! But they were his Lending buddies and corrupted him ..