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Perry Suggests Fed is Almost Treasonous

New York Times Original article ›

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Republican presidential candidate Rick Perry tells an audience in Cedar Rapids, Iowa: Printing more money to play politics at this particular time in American history is almost treacherous- or treasonous, in my opinion." He was referring to Federal Reserve chairman Bernanke when he said: "I know there's a lot of talk and what have you about if this guy prints more money between now and the election... I don't know what y'all would do to him in Iowa, but we would treat him pretty ugly down in Texas." Perry's spokesman said Perry feels strongly about printing money, and "got passionate" in his comments.

Rick Perry, Republican candidate for U.S President in 2012 and 2016

04/04/2010

The three term governor of Texas as presidential candidate in 2011.

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As the ‘Texas Miracle’ Fades, a Closer Look at Policy

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Texas Governor Upends GOP Race

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Criticism of Bernanke's role at the Federal Reserve

01/02/2009

The difficult renomination and the subsequent 70-30 vote with 30 Senators opposed including Boxer, Feingold, Sanders and others. This follows Ron Paul's criticisms in Congress of the Fed's role- see that link group.

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Martin Feldstein: The Federal Reserve's Policy Dead End

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Bhidé and Phelps: Central Banking Needs Rethinking

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Fed Chairman’s Departure Casts a New Light on the Bush Legacy

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Philadelphia Federal Reserve bank president Charles Plosser and other expert criticism of Fed chairman Bernanke's monetary policy.

01/04/2010

Plosser says the Fed cannot create jobs or retrain a workforce. In the short term the Fed can act against disinflation, says Plosser, but in the long term Fed policy such as the one being pursued by Bernanke can backfire and lead to more instability in the economy. The Dallas Fed President, Richard Fisher, expresses similiar views.

Grouped Articles

Martin Feldstein: The Federal Reserve's Policy Dead End

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Once Again, the Fed Shies Away From the Exit Door

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Bhidé and Phelps: Central Banking Needs Rethinking

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Bravo for Bernanke and the QE Era

Wall Street Journal 01/20/2014

Plosser's Monetary Rules

Wall Street Journal 01/18/2011

Fed Hawks Wary of Bond Buying

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Drawbacks of the US Federal Reserve's move on Nov 3, 2010, to buy $600 billion of Treasury securities (QE II).

08/12/2010

Grouped Articles

How QE 2 Could Drift Off Course

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Captain Ben Charts a Treacherous Course

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Fed’s More Aggressive Move May Not Go Far Enough

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Bernanke Seems to Fear Fate of Japan, Not Greece

New York Times 11/05/2010

Central Bank Treads Into Once-Taboo Realm

Wall Street Journal 11/04/2010

Quantitiative easing, the Federal Reserve creating money to buy government bonds, is creating surplus dollars and pounds.

09/24/2009

QE is likely to continue as the central banks of the USA and U.K. have no easy exit strategies.

Grouped Articles

Chucking the buck

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The Weak-Dollar Threat to Prosperity

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The Banking System Is Still Broken

Wall Street Journal 10/16/2009

What Happens If the Dollar Crashes

BusinessWeek 10/14/2009

The diminishing dollar

Economist 10/26/2009


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