Tim Geithner “Agrees” With Ron Paul – But Still Wants To Keep The Fed!

Ron Paul questioned Treasury Secretary Tim Geithner today on the Federal Reserve’s price fixing activities and the moral hazard generated by a “lender of last resort” that, in cooperation with the government, picks up the pieces and bails out insolvent banks and companies. Geithner agreed that we need to deal …

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Ron Paul on the Origin of “Moral Hazard”

Ron Paul exposed the hidden causes of moral hazard in his opening statement at the House Financial Services Committee’s hearing on “Monetary Policy and the State of the Economy”. Location: House Financial Services Committee Event: Hearing on Monetary Policy and the State of the Economy Date: 02/24/2010 Transcript Ron Paul: …

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