those were the weakness of the economy and the deflation risk were the things that motivad us. >> but if there was no debt problem, then you would be looking at other ways to stimulate the economy than actually buying federal reserve notes, is that right? excuse me, treasury notes? >> well, if there were no debt to buy, we would have to find some other way to do it. >> right. what i'm trying to get at is when is enough, enough as far as what the federal reserve will do with quantitative easing in the future, if we continue on r path or even cut the projected deficits in half, do you expect to continue to buy more and more treasury notes? >> well, first, if you were able to do that, i think it would be helpful for the economy. it would probably lower interest rates, it would probably increaseonfidence. so i urge you to continueo address the fiscal issue. our quantitative easing policy which is just anoth form of monetary policy, is trying to address the recovery of the economy right now which is still under wa as i said in my testimony, it looks like a self-sustaining recovery is begin