This week has been the week that the Federal Reserve, both past and present, have been in the news. Ron Paul has always made a big issue of the Federal Reserve, but now the issue seems to really be coming to the forefront. It seems that Jon Stewart has been studying at the feet of Ron Paul and Austrian Economics, because he made some pretty stunning statements.

Paul vs. Bernanke

The core lie Bernanke makes is that the CPI is an accurate measure of inflation - it is not. It EXCLUDES housing costs!!!!!! Not to mention the core rate excludes energy costs!!!! So to print tons of money, and have gold, wheat, housing, etc skyrocket in price shows we have very high inflation. Wall street profits, while the average American suffers.

Jon Stewart seemed to figure this all out in his conversation with Greenspan.