From Bloomberg News: It is one of the great moments in history, when the most vocal critic of the Federal Reserve Bank, Texas Congressman Ron Paul, has been put in charge of the Congressional committee that oversees the Fed.
Thanks to Congressman Ron Paul, the Federal Reserve was recently mandated to cough up the information about the loans they made during the financial crisis (by creating money out of thin air).
Helicopter Ben’s most recent printing spree has been branded QE 2. QE is the acronym for “quantitative easing.” Quantitative easing is Bennie’s euphemism for printing money. That’s what the Fed does, it’s a Monopoly world to them. This is his…