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Crony Capitalism
Allow The Free Market To Set Interest Rates – Not The Fed, Not Congress
In his latest appearance on CNBC, Ron Paul explains to “In Fed We Trust” author and Bernanke apologist David Wessel why we should end the Federal Reserve’s power to set interest rates and engage in central economic planning. Wessel concedes that the Fed has been too secretive for its own good and has become the [...]
Ron Paul Questions Ben Bernanke on Free Markets vs. Crony Capitalism
Event: House Financial Services Committee Hearing
Channel: C-SPAN
Date: 3/24/2009
Transcript:
Barney Frank: The gentleman from Texas.
Ron Paul: Thank you, Mr. Chairman. When the chairman of the committee opened up the committee today, he suggested that we look backward as well as forward and that all of our problems didn’t come from January 20th on, and I agree with [...]
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