(CBS News) The chief executive of Forbes Inc. railed on CBS' "The Early Show" Thursday against policies adopted by the Federal Reserve to try and stabilize the economy, saying the central bank "has got to stop trashing the U.S. dollar" and that its strategy will "hurt" private investment in the United States.
Steve Forbes spoke to CBS News correspondent Rebecca Jarvis as Wall Street prepared for the fourth day of trading since Standard & Poor's downgraded the status of long-term U.S. debt from its highest AAA rating to AA+. The Fed reacted Tuesday with an announcement that its key interest rate will likely remain near zero through mid-2013, which would keep it at "exceptionally low" levels for a total of nearly five years
2 comments:
forbes is in cahoots with the feds! hes such a tool!
This pin head insider knows exactly what the Fed is doing and what they are planning for our future - namely, a new currency with world government.
Once things get bad enough, the Sheeple of America will beg for World Government
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