Posted by dukeseegers on 30th of Nov 2011 at 12:15 pm
The Fed is pretty much autonomous and doesn't really have to
answer to Congress, unfortunately. It's moments like this that
inspire the "audit the Fed" folks like Ron Paul. As time goes on,
the views of Paul & Co. are being vindicated.
It'll be interesting to watch the action in precious metals. As
was stated above the only way to fight the Fed as an individual is
to hitch a ride on the pm's.
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"I'm suprised congress will go along with this"
Remember when we used to say "Don't Fight the Fed"
Posted by dukeseegers on 30th of Nov 2011 at 12:15 pm
The Fed is pretty much autonomous and doesn't really have to answer to Congress, unfortunately. It's moments like this that inspire the "audit the Fed" folks like Ron Paul. As time goes on, the views of Paul & Co. are being vindicated.
It'll be interesting to watch the action in precious metals. As was stated above the only way to fight the Fed as an individual is to hitch a ride on the pm's.