A trillion dollars here. a trillion dollars there, and pretty soon you're talking big money. Unless, of course, the value of each dollar has fallen because too many of them are in circulation. And in this regard, just the other day Fed Chairman Ben Bernanke created $1.2 trillion with the stroke of his pen. Hmmm...
The Battle Hymn
Of Ben Bernanke
Ben Bernanke is a Fed chief who's determined not to flinch
When it comes to spending money he has proved he ain't no grinch
He will lend it out in buckets or he'll print it in a pinch
And his presses churn it out.
(Save our bacon Ben Bernanke
Recession's got us feeling cranky
Work some Greenspan hankie panky.
Just don't bring the whole thing down)
Some say the US dollar is the thing he should protect
If it falls too much in value our whole way of life is wrecked
But if Ben B. fears this sad outcome, it's fear that none detect
And his presses churn it out
(Chorus)
Big inflation, many worry, may result from this guy's tweaks
Too much money in too many hands creates great pricing peaks
And if that sad outcome happens, coming days could be the bleaks
And his presses churn it out
(Chorus)
Ben is betting our future after bungling our past
And in truth this latest gambit has left many quite aghast
Has there ever been a wager where the downside was so vast?
And his presses churn it out
(Save our bacon Ben Bernanke
Recession's got us feeling cranky
Work some Greenspan hankie panky.
Just don't bring the whole thing down)
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