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REPORT COPYRIGHT VIOLATION IN REPLY
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Message Subject
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BERNANKE STATES CYPRUS STYLE DEPOSITOR HAIRCUTS POSSIBLE IN US IF EVENTS IN EUROPE BECOME CONTAGIOUS!
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Poster Handle
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Anonymous Coward |
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Post Content
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At 3:18 PM EST Bernanke was whether a seizure of deposits could happen to US depositors as in Cyprus, if the economy gets worse? Beranke’s translated response: Only if the Cyprus event or another event in Europe were to become contagious and the people lose confidence in the US dollar [ link to www.silverdoctors.com] Does it really matter? At the rate of depreciation of the dollar, it would be cheaper for Ben to keep the presses rolling instead of shelling out zillions of dollars defending lawsuits that will happen if he or the gubbermint tried that shit.
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