Paul Ryan calls the Fed's Actions 'Insidious'
Paul Ryan continues down the path of ridiculous hyperbole. He states -
"There is nothing more insidious that a government can do to its people than to debase its currency,"
This is a great example of someone who has no context or has no care in the way that he speaks. How can this be true? Nothing worse than a de-valued currency. You can certainly argue the positive and negative effects of de-valuing currency (and yes there are time when it is appropriate) and one would do much better focusing on that rather than making claims that cannot be true. So is this more insidious than the Tuskegee syphilis experiment. Click here for the full story on what Rep. Ryan said about the Federal Reserves' QE2 policies.
"There is nothing more insidious that a government can do to its people than to debase its currency,"
This is a great example of someone who has no context or has no care in the way that he speaks. How can this be true? Nothing worse than a de-valued currency. You can certainly argue the positive and negative effects of de-valuing currency (and yes there are time when it is appropriate) and one would do much better focusing on that rather than making claims that cannot be true. So is this more insidious than the Tuskegee syphilis experiment. Click here for the full story on what Rep. Ryan said about the Federal Reserves' QE2 policies.
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