Helicopter Ben Returns?

As someone who follows money supply, I found this interesting. In particular I think his refereces to the issues surrounding dollars held outside the US is kind of silly. If inflation picks up, foreigners will sell their dollars back, creating a sort of feedback loop.

Regardless of what you think of the article, check out the citations mentioned in the fed reserve link.

http://www.marketwatch.com/news/story/Story.aspx?guid=%7B401FEE43%2D381A%2D441C%2D9B74%2DD77EB0D267E0%7D&siteid=

http://www.federalreserve.gov/boarddocs/speeches/2006/20061110/default.htm