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

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60 Minutes, Released on 3/5/10

“This fear of inflation is way overstated.”

“We’re not printing money.”

“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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