Source: Tech Ticker; Jul 16, 2009
HR 1207 now has a total of 270 co-sponsors (62% of the Reps). Every Republican in the House of Representatives is a co-sponsor. The Senate version, S. 604, has 13 co-sponsors (13% of the Senators).
The Establishment is starting to push back. A petition of university professors has been sent out. Then want to preserve the independence secrecy of the Federal Reserve. Listen to this interview, and how the interviewer concludes the interview.
The danger, the interviewer claims, is that the Federal Reserve needs to remain independent so that it can keep inflation low ... it's at this moment that we're trying not to laugh too hard. What has been the effect of this resolve to keep inflation "low". Here's the data:
Yes. A staggering reduction in the worth of the dollar. Hooray for inflation!
Here's more:
Posts
