September 2011
1 post
6 tags
Strange GOP Anti Federal Reserve Positions
Rick Perry doubled down on his criticisms of Fed Chairman Ben Bernanke, calling him “treasonous”. Newt Gingrich said he is “the most inflationary, dangerous and power-centered” Fed chairman in history. Almost all GOP Primary contenders have said they would not appoint Bernanke to another term.
The Fed has a dual mandate: keep prices stable and maximize employment. The...