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Uploaded on Jan 26, 2011
Congressman Ron Paul discusses Congressional spending and the Fed's monetization of government debt at the Financial Services hearing entitled "Promoting Economic Recovery and Job Creation."
The hearing was held on Wednesday, January 26, 2011, at 10 a.m. in Room 2128 of the Rayburn House Office Building.
Witnesses: § Dr. William Poole, Distinguished Scholar in Residence, Alfred Lerner College of Business and Economics, University of Delaware § Professor John B. Taylor, Mary and Robert Raymond Professor of Economics, Stanford University and George P. Shultz Senior Fellow in Economics, Hoover Institution § Dr. Donald Kohn, Senior Fellow, The Brookings Institution § Professor Hal S. Scott, Nomura Professor of International Financial Systems, Harvard Law School