CSPAN June 19, 2009
preserve the currency's value and to prevent regulation. and if it does that, that's quite enough. and in order to do that the fed has to be independent. techically it's a creature of congress, and they could stimulate the supply growth.ak >> it jsut will, to get them -- just will, to get them past the next election. we constantly have loose money. when the fed is allocating credit when we make this a public ul-- utility, the cost and supply of which is determined in washington, i don't think the fed should be independent. >> how do you feel the economy is going right now? >> so litt...