10.01.2008 0

Blame Congress For Inflation

  • On: 10/06/2008 11:47:19
  • In: Monetary Policy
  • By Paul D. Ryan

    Congressman Paul Ryan (R-Wis.) wants to reorganize the Federal Reserve System to focus solely on price stability and a strong dollar in light of high inflationary expectations which he believes the Fed unintentionally plays a role in producing. As ALG News has been reporting to you, the weak dollar is the single-most important issue facing America on the domestic side, and a stronger dollar could be the means to bringing down the soaring prices of commodities like food and fuel.

    http://online.wsj.com/article/SB120960283271557999.html?mod=opinion_main_commentaries

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