Home » Fed • Government Spending » Bernanke re default Bernanke re default Posted by WARREN MOSLER on February 24, 2010 in Fed, Government Spending 4 Comments This from Q&A following Bernanke testimony: Barney Frank: Do you think there is any realistic prospect of America’s defaulting on its debt in the near future? Bernanke: Not unless Congress decides not to pay…. Share About Author by WARREN MOSLER