CovOps
Location : Ether-Sphere Job/hobbies : Irrationality Exterminator Humor : Über Serious
| Subject: Funny: Fed Foe Ron Paul Breakfasts With Bernanke at Central Bank Sun May 13, 2012 7:13 am | |
| Wednesday’s breakfast brought together two figures who publicly agree on very little. A longtime critic of paper currency and fan of the gold standard, Mr. Paul’s fiery Fed-bashing has enthused his campaign trail supporters, who often start rallies with loud chants of “end the Fed!” Mr. Bernanke, meanwhile, dedicated a significant chunk of his first lecture at George Washington University in March to enumerating the flaws associated with a system in which the dollar is valued at a fixed price per unit of gold.
So did Wednesday’s meeting overturn any deep-set beliefs?
“He’s for the gold standard now,” joked Mr. Paul.
http://blogs.wsj.com/economics/2012/05/09/fed-foe-ron-paul-breakfasts-with-bernanke-at-central-bank/
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