Congressman Ron Paul confronts Treasury Secretary Henry Paulson and Fed Chairman Ben Bernanke on the dollar and the economy at the House Financial Services Hearing, July 10, 2008. Paulson, as expected, dodged the question.
Ron Paul’s post-hearing comments here.
Thanks a lot for the link. Bravo, I just LOVE your term “fiat fascists”, because that is exactly what they are, living under the illusion that the Keynesian system can continue indefinitely.
Newsflash for Paulson: China is a major industrial nation, with a growth rate 10 times or more that of the US.