| Online: | |
| Visits: | |
| Stories: |
Bloomberg: The Fed Is a Good Deal More Responsible Than Congress
from The Daily Bell
Fed Gives Cover to Bumbling Congress … Consider the critique of the Fed by some members of Congress. As the New York Times described it, the three-hour hearing was “testy” as “Republicans on the House Financial Services Committee accused Janet L. Yellen, chairwoman of the Fed, of using her office to advance liberal policy goals.” – Bloomberg
Dominant Social Theme: Don’t give central bank powers to Congress. Legislators will make it much worse.
Free-Market Analysis: We’ve been covering central banking closely this past week because of the controversy over Rand Paul’s Audit the Fed legislation.
This article posted at Bloomberg is yet another in a series of articles that takes a pro-Fed position. Bloomberg has been steadily posting pro-Fed op ed pieces – as we have been reporting in several articles this month.
Continue Reading at TheDailyBell.com…
Source: http://financialsurvivalnetwork.com/2015/02/bloomberg-the-fed-is-a-good-deal-more-responsible-than-congress/?utm_source=rss&utm_medium=rss&utm_campaign=bloomberg-the-fed-is-a-good-deal-more-responsible-than-congress
