It looks like you're using an Ad Blocker.

Please white-list or disable AboveTopSecret.com in your ad-blocking tool.

Thank you.

 

Some features of ATS will be disabled while you continue to use an ad-blocker.

 

The Shrinking Influence of the US Federal Reserve

page: 1
0

log in

join
share:

posted on Jun, 30 2008 @ 12:44 PM
link   
Humiliation for Mr. Dollar: Ben Bernanke, the chairman of the United States Federal Reserve Bank, faces a general investigation by the International Monetary Fund. Just one more example of the Fed losing its power
The United States Federal Reserve Bank, or Fed, seems as much a part of America as Coca-Cola or Pizza Hut. But at least one difference has become apparent in recent days. While the pizza chain and soft-drink maker are likely to expand their scope of influence in the age of globalization, the US central bank is finding that its power is shrinking
No Fed chief in US history has been forced to submit to the kind of humiliation that Ben Bernanke is facing.

www.spiegel.de...




posted on Jun, 30 2008 @ 12:47 PM
link   
So is this Bernanke fault or the Bush administrations fault?I think it is everyone in his cabinet that is at fault here as well as a large portion of the do self serving congress.It is all to little, to late now in my opinion.



 
0

log in

join