Free Republic 2nd Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $9,068
11%  
Woo hoo!! And we're now over 11%!! Thank you all very much!! God bless.

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  • China warns Federal Reserve over 'printing money'

    05/27/2009 8:28:25 AM PDT · by hripka · 79 replies · 2,438+ views
    Telegraph UK ^ | 27 May 2009 | Ambrose Evans-Pritchard
    Richard Fisher, president of the Dallas Federal Reserve Bank, said: "Senior officials of the Chinese government grilled me about whether or not we are going to monetise the actions of our legislature." "I must have been asked about that a hundred times in China. I was asked at every single meeting about our purchases of Treasuries. That seemed to be the principal preoccupation of those that were invested with their surpluses mostly in the United States," he told the Wall Street Journal. His recent trip to the Far East appears to have been a stark reminder that Asia's "Confucian" culture...