FIRE BEN BERNANKEclickHERE
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Feb 26 2013
WASHINGTON - After an exchange during Federal Reserve Chairman Ben Bernanke’s semiannual monetary policy report before the Senate Banking Committee today, U.S. Senator Bob Corker, R-Tenn., a member of the committee, wrote the chairman a letter asking him to clarify what it means and whether or not it matters if the Fed loses money as a result of its large balance sheet asset purchases.
“As you know, during your testimony before the Banking Committee
today, I asked you about the payment of interest on excess reserves and
the selling of bonds in your portfolio as the means to withdraw monetary
support once the economy recovers. I made the argument that the Fed
could be in a position where it would have to print money to pay
interest on excess reserves and to sell securities at a loss,” wrote
Corker to Bernanke.
U.S. Senator Bob Corker, R-Tenn. please reference where the money really goes: Rothschild Vs. RothschildclickHERE
U.S. Senator Bob Corker, R-Tenn. please reference where the money really goes: Rothschild Vs. RothschildclickHERE
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