Sunday, April 03, 2011

HOW THE FED IS DESTROYING THE US ECONOMY



Presented March 17, 2011, to the hearing of the Domestic Monetary Policy & Technology Subcommittee, chaired by Ron Paul.

James Grant is the long time publisher of Grant's Interest Rate Observer.

In just five minutes he lays out in vivid detail how the Federal Reserve and its policies and powers are undermining the US economy by favoring banksters over the best interests of savers and productive people.


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