“Under him, the country suffered the worst economic setback since the Great Depression. He used the printing press to bail out some large banks and a few over-leveraged investment firms. He served as Hank Paulson’s silent potted plant. He addicted the American economy to what amounts to hyperinflation of the monetary base. The commercial banks are not lending. The recovery is barely functioning. The economy has sustained its worst performance since the Great Depression. He has been in charge the entire time. He is trying to get out with his reputation intact. He is likely to make it, and whoever follows him will likely not make it.”
Bernanke, Coolidge, and Buchanan: On Timing Your Departure
- Post author:The Freedom Watch Staff
- Post published:August 5, 2013
- Post category:Network Archives
Tags: American Ruling Class, Bankocracy, CLibertyC, constitutional liberty coalition, economic Trends, for life and liberty, History Repeating, News Commentary, Resistance, sound money, The Freedom Watch, Useful Idiots, What Could Possibly Go Wrong
The Freedom Watch Staff
News before it is news for the resistance from a trusted correspondent.
The Freedom Watch Network
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