Articles NewsFlow Gold & Silver Prices Market Briefing

Recevez notre Marketbriefing

Josey Wales
Member since May 2012
411 commentaries - 13 followers
Follows 9 members

13 followers

has posted a comment on the article :

Ron Paul statement on the Fed’s continued Euro Bailout

- Ron Paul -

The USA have benefited of an exhorbitant privilege for 50 years of printing the world reserve currency. It seems this privilege comes with a price now, or that the FED is ready to employ the most ruinous means to preserve this franchise

Commented 4666 days ago

Send

Beginning of the headline : The Fed's latest actions in cooperating with foreign central banks to undertake liquidity swaps of dollars for foreign currencies is another reason why Congress needs enhanced power to oversee and audit the Fed.Under current law Congress cannot examine these types of agreements.Those who would argue that auditing the Fed or these agreements with central banks harms the Fed's independence should reevaluate the Fed's supposed independence when the Fed bails out Europe so soon after President Obama promised US assistance in resolving the Euro crisis... Read More

Reply to this comment

You must be logged in to comment an article

8000 characters max.

	RSS feed		24hGold Mobile
	Gold Data Center		Gold & Silver Converter
	Gold coins on eBay		Silver coins on eBay
	Technical Analysis		Fundamental Analysis