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Board Of Governors, FRB

February 13, 2013
I just finished researching the Board of Governors of the Federal Reserve System….what came to mind was the phrase “Those who can, DO. Those who can’t, TEACH.”

Keynesian Academics are running the FRB. Only one member has any real world, day to day operational experience in finance. All the others are college professor theorists of economics and finance. Hope that makes you feel better. If I were you, I would be buying tangible hard assets. The dollar is going to become toilet paper real soon.

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