FLASHBACK: arrogant S.O.B. Bernanke promises ‘we will not allow inflation to rise above 2%’

60 Minutes, Released on 3/5/10

“This fear of inflation is way overstated.”

“We’re not printing money.”

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“We’ve been very, very clear that we will not allow inflation to rise above two percent or less.”

“We can raise interest rates in fifteen minutes if we have to.”

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