His policy of expanding "power money"--cash in circulation plus bank reserves--will feed inflation, which is currently at 5.2%.
CNN: ASIANOW - TIME Asia
The idea was to get cash into circulation by giving it to those who were most likely to spend it.
FORBES: Waiting on Another Federal Stimulus Check?
Does this look like cash in circulation is not changing?
FORBES: Bernanke tells Jacksonville University students QE is not inflationary
Mr. SWETMAN: Our first mission was to get cash back in circulation.
NPR: Mississippi Banker Moves Family into Branch
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