Ron Paul on Janet Yellen: “No Changes on Fed Policy with her”

This comes via The John Birch Society and their official magazine, The New American:

SPRINGFIELD, Virginia – Campaign for Liberty issued the following statement from Chairman Dr. Ron Paul on the nomination of Janet Yellen to be the next Chair of the Federal Reserve:

“Many will make a big deal about the nomination of Janet Yellen to be the next Fed Chair, but the reality is, as long as we tolerate the Federal Reserve System and its flawed monetary policy, there will be no policy change at the Federal Reserve,” said Dr. Ron Paul.

“Notably absent from the discussion surrounding the debt ceiling and the government shutdown is the fact that the federal government would not be able to borrow the money it needs to finance its wars, bailouts, and entitlement programs if the Federal Reserve did not continue to buy government debt.

“Until the issue of the Federal Reserve is addressed, I am not optimistic we will see any true spending reform in Washington. Thankfully, the American people are waking up to what the Federal Reserve has been doing to our money and our economy.”

via Ron Paul Statement on Yellen Nomination – Campaign for Liberty.

More on Janet Yellen Here.