Ron Paul Commentary on Market Watch, Linked to Their HomepageSubmitted by TylerLiberty on Thu, 04/28/2011 - 06:35
Ron Paul's own OpEd about Bernanke and the Fed linked on Market Watch's homepage.
WASHINGTON (MarketWatch) — I found the press conference to be enlightening in the fact that we heard one, and he held one, and that’s a sign that the Fed knows that they have to be a little more responding to the demand for transparency. When I listened to what had to be said, I wasn’t too enthralled. I’ve heard it all before.
It’s smooth talking, to make current policy sound reasonable, and let it go at that. Because they never admit anything. When it comes to prices, it’s never their fault. I mean, how many different things did he mention about why prices go up, why we have inflation? He never admits it’s the inflation of the money supply that’s the problem.