On the recordJanuary 18, 2012
But the crisis that we face, as I said, is not just domestic because it is a worldwide crisis. And if we don't do something, we will be forced, under very dire circumstances, because we cannot bail out the world. We are prepared now through our Federal Reserve to bail out all of Europe. We've been downgraded, France is downgraded, Greece is downgraded, and we believe that all we have to do is spend more money and inflate the currency. Believe me, we ought to face up to reality and live within our limits.
Source
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