blog of bile » Ron Paul talks about Financial Services Hearing

Ron Paul talks about Financial Services Hearing

Posted on July 11th, 2008 at 8:49pm by bile

Tags: Ben Bernanke, Federal Reserve, Henry Paulson, inflation, money supply, Ron Paul, strong dollar, weak dollar

Announces that there will be a hearing regarding the debasement of the dollar and energy prices later in the summer.

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2 Responses to “Ron Paul talks about Financial Services Hearing”

beetlbumjl Says:
July 12th, 2008 at 3:56 pm
Who’s in charge of the dollar? Yes, the Fed Chairman. And according to his Q&A with Rep. Garrett, he is not really concerned about Congressional approval or authority. Scary? You bet.
bile Says:
July 12th, 2008 at 4:12 pm
All you need to do is check out what the Fed actually is and you should be thoroughly frightened. Even if you ignore the economic side of the Fed… the fact they are largely independent, privately owned, and have little control through the Congress usually makes people take a step back.