Jeffrey Tucker: Has the Fed Met Its Match?

Tucker-Head-Shot1

“‘It is hard to imagine a world,’ says the unimaginative study, ‘where the main currency is based on an extremely complex code understood only by a few and controlled by even fewer, without accountability, arbitration, or recourse.’  Blink, blink. This is the Fed talking here. Talk about complex. When the Fed governor speaks in Congress, he (soon she) speaks in such a blithering array of econ-babble that no one dare respond, for fear of seeming ignorant. It’s like the first day of an Intro to Physics class. The professor asks if there are questions, and everyone sits in terror.  In a half-century of this nonsense, only Ron Paul ever really dared to ask serious questions of the Fed.”

http://lfb.org/today/has-the-fed-met-its-match/

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