[rabscuttle385]

So who's promoting inflation, Mishkin? You or Ron Paul?

[E. Pluribus Unum]

Ron must be hitting his target.

[rabscuttle385]

*Ping!*

[djsherin]

Ping

[WKUHilltopper]

Yeah, dangerous to the thieves in charge of the Fed and of the Blight House. 100 years of theft will be disclosed.

[Da Coyote]

The fed needs time to dump their data into the same “bit bin” that Acorn and the Climate Research Fakers do....before any audit.

We’re sniffing at some serious corruption here, folks.

[KarlInOhio]

Is the "dangerous" person the one looking at the house of cards or the one who built the entire coutry's economy on it?

The Federal Reserve motto: we destroyed 95% of the dollar in 95 years - let's make it 100% in 100 years.

[dragnet2]

Dangerous for whom? The corrupt criminals running this show?

[conservativebuckeye]

How long will it be until the Fed’s bootlickers will be here to tell us how great it is for the economy?

[WOSG]

Apparently, nobody is talking to the real point here:

Paul’s bill “would be very dangerous in terms of promoting inflation,” Mishkin said. “If you make the central bank beholden to politicians on a short-run basis, you get very bad outcomes: high inflation and less of the ability to deal with shocks like the ones we had recently.”

History has proven this: inflation results from POLITICIANS putting their fingers on monetary policy and debasing the currency for short-term gain. The short-term gain causes long-term economic pain.

In the US, it was liberal politicians like Humphrey who dictated to the Fed for “full employment”, distorting the purpose of a central bank. In other words: Putting folks like Speaker Pelosi in charge of monetary policy is a cure worse than the disease.

[BellStar]

Weird?

[April Lexington]

I call Ron Paul's audit bill dangerous too. Think about it. Either we have an independent FED dominated by crazy one world government Jooooooooz and other alleged folk with alleged schemes up their sleeves (WHICH, i FIRMLY BELIVE IS ALL NONSENSE) or we have Obama running the money and banking system. I'll take the free, independent and non-governmental banking system, warts and all. KEEP GVERNMENT OUT OF BANKING BEFORE ITS TOO LATE!!!

[bamahead]

I'd say the hornet's nest has been stirred...



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[I Hate Obama]

I’d love to see one of those dollar value charts from 2008 on since all of these bailouts.