Federal Reserve Chairman Ben Bernanke is back to combating a legitimate audit of the Fed by utilizing scare tactics. The rare newspaper article by the Fed chairman in the Washington Post is reported on by Reuters:
“These measures are very much out of step with the global consensus on the appropriate role of central banks, and they would seriously impair the prospects for economic and financial stability in the United States,” Bernanke wrote in a column posted on the Washington Post’s website.
“Audit would hurt economic prospects: Bernanke”
Federal Reserve Chairman Ben Bernanke is back to combating a legitimate audit of the Fed by utilizing scare tactics. The rare newspaper article by the Fed chairman in the Washington Post is reported on by Reuters:
Read the rest here.