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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Steve Lokness who wrote (62959)5/2/2008 11:39:42 AM
From: KyrosL  Respond to of 541965
 
Steve; I think there is a much simpler way to fix the Fed than Paul's gold/no Fed solution: remove the Fed's dual inflation/growth mandate and replace it with the inflation mandate only, like most of the other CBs have. The Fed's role should be preservation of the currency's value, as it was until Congress changed things in the late seventies.