IPFS News Link • Federal Reserve
The Fed should be more transparent
• Ron Paul/Politico HT Liberty PulseCongress itself never delves into these areas in the limited time it has during the Fed chairman’s semiannual appearances before the House Financial Services Committee, and any pointed questions are evaded. Former Fed Chairman Alan Greenspan was adept at this — his “Greenspan-speak” was legendary — but Chairman Ben Bernanke is no slouch, either, at giving vague and nonresponsive answers to direct questions.
While I oppose giving the Fed any additional power,