Wednesday, June 3, 2009

Angela Merkel Skeptical of the Fed

Take it from the Germans - we don't want to go Weimar.

Germany Blasts ‘Powers of the Fed’
JOELLEN PERRY
The Wall Street Journal
June 3, 2009

German Chancellor Angela Merkel, in a rare public rebuke of central banks, suggested the European Central Bank and its counterparts in the U.S. and Britain have gone too far in fighting the financial crisis and may be laying the groundwork for another financial blowup.

Read More Here: http://online.wsj.com/article/SB124398546796379239.html

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