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The Daily Bail posted by The Daily Bail vote down flag
China Warns U.S. About Debt Monetization
dailybail.com - 5/29/2009
China Warns U.S. About Debt Monetization
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Seemingly everywhere he went on a recent tour of China, Dallas Fed President Richard Fisher was asked to deliver a message to Federal Reserve Chairman Ben Bernanke: 'stop creating credit out of thin air to purchase U.S. Treasuries.'  The Chinese are rightfully worried that B-52's plan ...
China warns Federal Reserve over 'printing money'
telegraph.co.uk - 5/25/2009
China warns Federal Reserve over 'printing money'
— telegraph.co.uk — China sees Fed's direct purchase of US Treasury bonds as slippery slope towards "monetisation" of America's public... debt. (more) China warns Federal Reserve over 'printing money'

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ft.com - 6/3/2009
FT.com / US / Economy & Fed - Bernanke warns on deficit
— ft.com — Ben Bernanke urged Congress on Wednesday to act now to bring down long-term budget deficits, warning that... a failure to do so might lead to a future debt trap. The Federal Reserve chairman said the recent sharp increases in bond yields “appear to ... (more) FT.com / US / Economy & Fed - Bernanke warns on deficit

Comments vote down FT Alphaville found this 6/3/2009found this
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Tough Words — Cato @ Liberty
In the Wall Street Journal , Mary Anastasia O’Grady got Dallas Fed president Richard Fisher to go on the record about current Fed policy. He talks tough about inflation. “Throughout history, what the political class has done is they have turned to the central bank to print their way out of an ...
Richard Fisher Speaks Sense — Fund My Mutual Fund
A quite impressive interview with Richard Fisher, President of the Dallas Fed, in the Wall Street Journal . After reading through this I see there is no chance on Earth he will ever replace Ben Bernanke as he is not a political puppet; he reminds me of a Paul Volcker (who appears to be a mentor ...