Monday, September 12, 2011

Barney Frank is a Centrist

In a position paper updating a bill he introduced in May to take away regional Fed officials’ power to shape monetary policy, Frank accused them of worrying too much about inflation — in economic jargon, of being inflation “hawks” — and too little about high unemployment. WSJ

This desire to centralize is a direct attempt by the Eastern elites to steal from California citizen's. Jerry Brown should be demanding our own central bank, and central banks for all of the regional economies. Why isn't Jerry Brown protecting his voters?

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