The Fed creates inflation
Uncommon common sense
Ron Paul cuts through Fed Chairman Ben Bernake's bullshit.
Bernake's answers demonstrate an arrogance and willful ignorance that's truly breathtaking.
It's been a long time since a US Congressman spoke intelligently about the Fed's role in impoverishing Americans through its currency manipulations.
Keep in mind: the Fed is not a government agency. It is a privately owned and controlled institution that's been given a monopoly over the creation of money for the United States - a violation of the US Constitution.
More on this topic:
When will we wake up?
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