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The Blame Game Is On: Federal Reserve VP ADMITS Q.E. Has Failed

from RonPaulLibertyReport:

The vice president of the St. Louis Federal Reserve Bank has admitted that the Fed’s quantitative easing program has been a failure. Even the central bankers are recognizing that central banking and Keynesian economics do not work. Will they see the light and go Austrian?

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1 comment to The Blame Game Is On: Federal Reserve VP ADMITS Q.E. Has Failed

  • Ed_B

    “Even the central bankers are recognizing that central banking and Keynesian economics do not work. Will they see the light and go Austrian?”

    Of course not! What have you been smoking? If they did that, it would be tantamount to admitting that they were wrong and that is the one thing that the Fed can never do. Like the Pope, they MUST maintain their aura of infallibility… at ALL costs and no matter how OBVIOUS it is to the rest of us.

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