Coffee with Joe 12-1-09: Fed Chair Offers Reform

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by Peter on December 3rd, 2009

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In this Washington Post article from Sunday, Nov. 29, 2009:
Fed Chair Ben Bernanke criticizes currents attempts to reform the Federal Reserve, like Ron Paul’s Fed Transparency Bill (HR 1207) which moved out of House committee last month. He also defends the transparency of the Fed, and threatens inflation if there is any compromise to the Fed’s independence.

Pete takes off the gloves in his attempt to defend Bernanke and the Fed. Joe says the Ron Paul Bill doesn’t go far enough.

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