Jim DeMint actually said...

Are we concerned that we are setting the stage for that to happen, though, in effect?

It is a very difficult time, and I appreciate your calmness through the storm here.

The Fed has continued to expand its balance sheet with multiple rounds of quantitative easing.

Thank you Chairman Menendez, Ranking Member DeMint, and Members of the Subcommittee, for the invitation to speak today.