Summary: In this week's Texas Straight Talk legislative update to his constituents, Dr. Ron Paul talked about the important topics discussed at last week's Monetary Policy subcommittee hearing (full audio here). Ultimately, the need for a Federal Reserve system has been epically overstated by the financial community, proven out by the persistent presence of systemic asset bubbles and severe recessions. Several reforms were proposed and debated by the two panel hearings- a sign that reforming the central bank is an issues of concern across party lines. Video compliments of YouTube User: minnesotachris.
