Ron Paul neemt het weer eens op tegen de FED.

Not surprisingly, since my chairmanship was announced, apologists for the Fed have been recycling the old canard about how increased transparency threatens the Fed’s so-called political independence.

By independence, they are referring to the Fed’s ability to greatly impact the economy with virtually no meaningful oversight.

(…)

If “political independence” erodes the purchasing power of the currency by 98%, destabilizes the economy with radical booms and busts, all while increasing unemployment and tipping us ever closer to hyperinflation, perhaps it is time to try a little transparency and accountability instead. Better still — we should try giving the people true economic freedom.

Bron: campaignforliberty.com

Tags: Bernanke, centrale bank, Ron Paul