Rep Grayson laughs in Bernanke’s face… and rightly so

This excerpt from a CSPAN broadcast requires little or not comment as it is self explanatory.

Other than Bernanke’s attitude that is akin to that of a boy caught doing something down right irresponsible, as kids are inclined to do, what is more important is that Bernanke provides proof of the interdependency of currencies. In a global US$ based fiat monetary system, what happens to the US stock market, the economy and the Dollar happens to all of us around the world.

If you do not find this excerpt frightening, you have not understood the magnitude of the predicament we are in.

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One Response to “Rep Grayson laughs in Bernanke’s face… and rightly so”

  1. Europe’s bluff « Guido's temple of the absurd Says:

    […] https://guidoromero.wordpress.com/2009/07/22/rep-grayson-laughs-in-bernankes-face-and-rightly-so/ […]

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