Bernanke gets an earful from Ron Paul: "Congress and the Fed are symbiotic because the Congress...

|By:, SA News Editor
Bernanke gets an earful from Ron Paul: "Congress and the Fed are symbiotic because the Congress spends and they know there is a moral hazard involved because they know that if interest rates go up, the Fed accommodates them. So the Fed really facilitates this spending... the Fed is involved with our deficit and encourages it as well as the Congress."