The Q&A turns to QE2 as House Budget Chairman asks Bernanke: Isn't the Fed monetizing the...

|By:, SA News Editor

The Q&A turns to QE2 as House Budget Chairman asks Bernanke: Isn't the Fed monetizing the debt? Only if the central bank weren't planning to reverse its position, Bernanke replies. Also, studies show him that the program is worth 700K jobs. (testimony)