“The Fed will continue its $85 billion bond buying program and the Fed says price inflation is below its 2% target, while the MIT Billion Prices Index shows price inflation around 2.5%,  One FOMC voting member, Kansas City Fed President Esther George, continues to vote against current Fed policy. Why does she vote this way? George gives few speeches, but she did deliver a speech in June where she discussed her views. She is far from a hard money person, but her speech does contain some concern about the current massive additions to the monetary base.”

http://www.economicpolicyjournal.com/2013/07/the-lady-who-votes-against-bernanke-and.html

Did you like this?
Tip Freedomwat.ch Staff with Bitcoin

Donate via Installed Wallet Copy