Monetary policy can't add one bushel of corn to the world.
~Ben Bernanke, chairman, Federal Reserve, testimony in House Budget Committee hearings discussing the effect of Federal Reserve policies on world food prices, February 9, 2011
Feb 9, 2011
Ben Bernanke on the realities of monetary policy
Labels:
commodities,
Congress,
inflation,
people - Bernanke; Ben
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