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To: AugustWest who wrote (14490)	11/27/2002 11:03:20 AM
From: Oral Roberts	Respond to of 57110

I had read that. I liked his quote actually and don't know why anybody finds this surprising. "The U.S. government has a technology, called a printing press - or today, its electronic equivalent - that allows it to produce as many U.S. dollars as it wishes at essentially no cost," Bernanke is quoted as saying.

To: AugustWest who wrote (14490)	11/27/2002 11:08:46 AM
From: Jorj X Mckie	Read Replies (1) \| Respond to of 57110

from that article: What's bothering the Fed the most, I'm told, is that companies don't seem inclined to spend, either because they lack faith in the economy, are worried about terrorism, disheartened by corporate scandals or - most likely - all those things. of course, nobody ever suggests that it is because they already have too much debt and that the companies know that taking on more debt is just digging a deeper hole.