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Markets right now are pricing the worst.

Eurodollar University

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Is Bernanke's Answer to a Deflationary Problem Credible?

Bernanke told everybody how they would use it Quote by increasing the number of US dollars in circulation or even by credibly threatening to do so. But Bernanke's point was we'll never have a deflationary event because we have this printing press and by golly We'll use it in the very next statement Bernanke said. It all comes back to that one statement Does the Fed actually create dollars or does it threaten? To do so now if it does only the latter.

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