Here’s another classic exchange between Ron Paul and Ben Bernanke just one day after the Fed chief told Congress that the economic outlook was “unusually uncertain”.
Given that Fed has failed miserably in its most basic functions, you’d have to think that Ron Paul was the last guy Ben would like to run into these days.
Paul scores the TKO before Barney Frank steps in to end the vicious beating.
“All the perplexities, confusion and distresses in America arise not from defects in the constitution or confederation, nor from want of honor or virtue, as much from downright ignorance of the nature of coin, credit, and circulation.”
Have a great weekend.
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