Dallas Fed President, Richard Fisher “I have spoken of our “faith-based currency,” a term I use only slightly tongue in cheek. The dollar is a fiat currency. It is backed only by the federal government’s power to raise the revenues needed to meet its obligations and by the rectitude of the U.S. central bank. If the market were to lose faith...
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6-1-2026
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They're saying F-U to Congress, essentially read more | digg story
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A lot of criticism was given to the Bush Administration for proposing a 3-page bill to address the financial markets. While I had some criti...
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