Judy
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Posts : 75
Join date : 2007-09-18
 |  Subject: Ron Paul Slams Bernanke for Dollar Meltdown  Sun Sep 23, 2007 10:09 am | |
| Ron Paul Slams Bernanke for Dollar Meltdown - Quote :
- Ron Paul has slammed Federal Reserve Chairman Ben Bernanke for deliberately depreciating the value of the dollar to artificially bail out Wall Street while poor and middle class people lose their homes and have their living standards lowered.
During a Banking Committee hearing on Capitol Hill today, the Texas Congressman confronted Bernanke and accused the Fed of trying to solve the problem of inflation with more inflation by creating artificially low interest rates that have no effect because of the dollar's weakness.
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