2012-09-13huffingtonpost.com

``Contrary to Republican predictions of high inflation and the Federal Reserve losing money as a result of its stimulus measures, inflation has been low, and the Federal Reserve has been making a substantial profit largely thanks to its asset purchases, Frank noted. The Federal Reserve, Frank added, has been "absolutely" more responsible than Congress in addressing high unemployment "for one simple reason: there are no Tea Party members of the Federal Reserve Board of Governors."''



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