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I swear I'm not making this up. Yesterday FreedomWorks hosted an event on US Monetary and Economic Policy, covered on C-Span. At this event various Republican luminaries including Paul Ryan (R-WI) and Mike Pence (R-IN) criticized the Fed's quantitative easing program, arguing that "sound money" is essential to a vibrant, entrepreneurial capitalist economy. Judy Shelton (Atlas Economic Research Foundation) awed the crowd with her discussion of the "moral dimension of money." Pointing out that US currency bears the statement "In God We Trust," she quoted a passage from Deuteronomy:
"...thou shalt have a perfect and just weight, a perfect and just measure shalt thou have: that thy days may be lengthened in the land which the LORD thy God giveth thee."
What does Ben Bernanke know, Moses told us not to quantitatively ease!
Moses also told us "Thou shalt not muzzle the ox when he treadeth out the corn," so I guess we must let the lady speak.
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