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Congressman Ron Paul Blog: Ron Paul: Janet Yellen Worst Fed Chair Ever BannerFans.com

Wednesday, January 15, 2014

Ron Paul: Janet Yellen Worst Fed Chair Ever

Ron Paul is not a fan of Ms.Janet Yellen, the newly confirmed Federal Reserve Board Chairwoman. He told "The Daily Caller" Monday she is not as flawed as flawed as the system she is just about to take over.
“She’s worse than average,” Dr. Paul, a former Congressman, told The Daily Caller in a phone interview shortly after the Senate voted by a 56-26 vote to confirm Ms. Yellen’s nomination. "I don’t dwell on that at all,” Ron Paul said.
“It was never the chairman himself, herself that’s the problem,” Ron Paul said. “It’s the whole system.”
Ron Paul has been criticizing the central bank for years, even writing a book calling for the end for the Fed, and calling for an audit of the Fed in the meantime. Ron Paul, the long serving Republican member of Congress and 1988 presidential candidate on the Libertarian Party ticket, is a proponent of Austrian Economics. This focuses on the relativity of value and the impossibility of centrally planning a dynamic and complex economy.

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