Significant attention was given to the "unconventional tools" Ben Bernanke is considering. The main tool under consideration is having the Fed buy more assets, like treasuries, to lower market interest rates and keep them low for an even greater period of time. This is direct monetization of the debt. This is something the Fed has hidden, obfuscated and outright denied when challenged about publicly in recent years. Those who suggested such things have not always been taken seriously. Now the Fed is announcing such measures as official policy with little or no fanfare, and definitely no outrage, in the media.
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