03/04/2010
https://www.congress.gov...
"I think it would be appropriate for the Fed to begin to consider exiting from these policies."
"I warned that these kinds of policies would cause risks and would be harmful to the economy."
"Those requirements were removed from the Federal Reserve Act in the year 2000. Those should be put back in."
"It is very important to have a target for inflation, but that is not enough if it is accompanied by a do-whatever-it-takes philosophy."