Bernie Sanders slams Federal Reserve in NYT op-ed
Free Silver Thu, 12/24/2015 - 15:53
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Bernie Sanders blasted the Federal Reserve in an op-ed published Wednesday by The New York Times, calling for "fundamental change" as a start.
In his latest comments to criticize the central banking authority as a puppet of the industry it purports to regulate, the independent Vermont senator and Democratic presidential candidate took aim at the Fed's long-anticipated decision to raise interest rates on Dec. 16 for the first time in nearly a decade.
"The recent decision by the Fed to raise interest rates is the latest example of the rigged economic system. Big bankers and their supporters in Congress have been telling us for years that runaway inflation is just around the corner. They have been dead wrong each time," Sanders wrote. "Raising interest rates now is a disaster for small business owners who need loans to hire more workers and Americans who need more jobs and higher wages."
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