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Ron Paul schools Bernanke again.
Strike 1: Bernanake admits "failure to regulate" was the problem and tries direct blame away from the Fed "keeping interest rates too low"
Strike 2: Bernanke admits low interests rates will stoke inflation.
Strike 3: Bernanke admits "central banking is an art" -> Guesswork!
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Price Fixing By The Fed:
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Strike 1: Bernanake admits "failure to regulate" was the problem and tries direct blame away from the Fed "keeping interest rates too low"
Strike 2: Bernanke admits low interests rates will stoke inflation.
Strike 3: Bernanke admits "central banking is an art" -> Guesswork!
[media][/media]
Price Fixing By The Fed:
[media]
[/media]