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  • The U.S. government has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many U.S. dollars as it wishes at essentially no cost.

    "Deflation: Making Sure "It" Doesn't Happen Here". Governor Ben Bernanke's remarks before the National Economists Club in Washington, D.C., www.federalreserve.gov. November 21, 2002.
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