Chief of Dallas FED: Don't Monetize the Debt !

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Chief of Dallas FED: Don't Monetize the Debt !

http://online.wsj.com/article/SB124303024230548323.html

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Bad link--here is the article. Good stuff

Dallas

From his perch high atop the palatial Dallas Federal Reserve Bank, overlooking what he calls "the most modern, efficient city in America," Richard Fisher says he is always on the lookout for rising prices. But that's not what's worrying the bank's president right now.

continue here:

http://online.wsj.com/article/SB124303024230548323.html

[moderator's note: I fixed the link. Please do not post entire articles if you are able to supply a url. Thank you.]

Forgive me- I'm dumb

What does "monetize the actions of our legislature" mean?

I'm not sure but I

suspect that it means the Fed is making good on the legislature requests for funds with nothing to back it up but wallpaper money. Maybe someone can help us understand this a bit better.

Prepare & Share the Message of Freedom through Positive-Peaceful-Activism.

Thanks

for correct link

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