Glenn Beck: Federal Reserve “May Help Us” By Printing Money

Jeremy Holden
Media Matters
November 3, 2010

Reversing a position he held in September, Glenn Beck today claimed that the Federal Reserve “actually may help us” if they decide to “print more money,” even though it will “cause inflation in the long run.” But only “if the Republicans really win in a landslide,” he said.

Let there be no doubt — Glenn Beck’s “true north” is the Republican Party.

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Discussing reports that the Fed might vote to resume a program to purchase securities from the Treasury in order to inject money into the economy — a process economists call quantitative easing — Beck explained that under Republican policies, “this money will be available” for people to borrow and spend since a GOP Congress won’t “screw them.”

Full article here

This article was posted: Wednesday, November 3, 2010 at 1:17 pm

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