Left sitting in my draft folder for a few days are these thoughts from Peter Schiff about the former Fed Chairman following his 48-page defense of monetary policy last week. Now seemed like a good time to hoist it up to the main page.
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Peter starts off by noting, "He's not just the worst Fed chairman we've ever had, he's the worst American we've ever had" and then works himself up into a little bit of a lather from there on such subjects as the impact of long-term vs. short-term rates during the housing bubble and other topics.
