1/13/2009

Bernanke just dodged a question about Austrian Economics vs the FED and it's existence!

This morning 1/13/09, during a live press conference on CNBC, Bernanke dodged a question about Austrian Economics vs the FED and it's existence!

The questioner asked BB about the course we have been on for the last 90 years, (obviously referring to the existence of the FED) vs. the Austrian model of economics. He asked that considering the problems that are now coming home to roost whether a new way of doing things should be considered.

In his answer, BB changed the topic to focus on capitalism! I hope someone caught this on Youtube.

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[Source: Ron Paul Wins! | Campaign for Liberty at the Daily Paul - Blog

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