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View Full Version : CATO's Dan Mitchell goes after the Fed on MSNBC's 'Morning Meeting'



Knightskye
10-08-2009, 03:47 PM
YouTube - Dan Mitchell discusses the weakening dollar (http://www.youtube.com/watch?v=s7909qjn0VU)

Skip to about 2:48. He did a good job. :)
emazur
10-09-2009, 11:01 AM
It's good that he blames the Fed, but why doesn't Michell ever go on the air and say get rid of the Fed?
orafi
10-09-2009, 07:59 PM
Because he's being paid with bailout money.
Knightskye
10-09-2009, 10:26 PM
Because he's being paid with bailout money.

Explain that?
Imperial
10-09-2009, 10:49 PM
It's good that he blames the Fed, but why doesn't Michell ever go on the air and say get rid of the Fed?

Peter Schiff recently wrote he is a little bit wary of ending the fed too. Many don't want to suddenly undercut a financial system that is built on a house of cards.
Knightskye
10-10-2009, 07:12 PM
Because he's being paid with bailout money.

Since when is CATO a well-connected Wall St. bank?
Mahkato
10-10-2009, 08:10 PM
Peter Schiff recently wrote he is a little bit wary of ending the fed too. Many don't want to suddenly undercut a financial system that is built on a house of cards.

Dismantling a house of cards is not easy.

My main worry is that ending the Fed without educating enough people on why we need to end it is that it will be replaced by a SuperFed, like the IMF.