John Stossel Says End the Fed
Federal Reserve Chairman Alan Greenspan once said he tried to be obscure because he didn't want to spook markets. He called his obfuscation "Fedspeak." It's a far cry from the clarity of his language—and principles—when he was young and a disciple of libertarian Ayn Rand. Outgoing Fed Chairman Ben Bernanke and his likely successor, Janet Yellen, are almost as boring. But as John Stossel explains, we should watch what they do. The Fed can destroy your savings and your future. The current crew of Fed bureaucrats has raised the Fed's balance sheet to a stunning 4 trillion dollars.