Ron Paul's House Member Office (R-TX-14) posted a Video on September 21, 2012 | 4:55 pm - Original Item - Comments (View)
This hearing of the Domestic Monetary Policy Subcommittee examined: (1) the effects of interest rates on inflation and the purchasing power of the dollar; (2) the role of interest rates in resource allocation, economic growth, and economic crises; and (3) the impact of the Federal Reserve's zero interest rate policy on investors, savers, and the economy. The hearing was held on Friday, September 21, 2012, at 9:30 am in Room 2128 of the Rayburn House Office Building and was titled, "The Price of Money: Consequences of the Federal Reserve's Zero Interest Rate Policy." Witnesses: § Mr. James Grant, Editor, Grant's Interest Rate Observer
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