Try BlazeTV for Free
News

Perry Takes Another Shot at Bernanke and Money-Printing

"What we're seeing is a Fed that is getting involved in things that frankly it does not need to be involved with."

In a Perry administration, not only would Ben Bernanke be removed as the chairman of the Fed but the Texas governor would also make sure that the central bank would be out of the money-printing business, Perry told CNBC on Thursday.

Perry has already made his feelings towards the Federal Reserve chairman clear, and during his interview said that someone else would be in charge of monetary policy should he unseat President Barack Obama in the 2012 election.

"The statement towards Chairman Bernanke needs to be very clear to him, that making monetary policy to cover up bad fiscal policy is just bad public policy," Perry said.

"What we're seeing is a Fed that is getting involved in things that frankly it does not need to be involved with. Printing money doesn't do anything at this particular juncture except make the dollars in our pocket worth less money, plus it puts us in jeopardy of greater inflation in the future," he said.

Perry has been notoriously critical of Bernanke, drawing attention at one point for stating that if the central bank chief ever came to Texas "we would treat him pretty ugly" for this actions.

Later in the interview, Perry also took on Warren Buffett.

Asked for his thoughts on the "Buffett Tax" proposed for millionaires, Perry said the billionaire chairman of Berkshire Hathaway is out of touch with what the economy needs to thrive, reports CNBC.

"Mr. Buffett is a real intelligent individual, but I can promise you he doesn't know what's going on in places where the job creation is at zero because of over-taxation and over-regulation," Perry said.

Watch the full exchange:

One last thing…
Watch TheBlaze live and on demand on any device, anywhere, anytime.
try premium
Exclusive video
All Videos
Watch BlazeTV on your favorite device, anytime, anywhere.
Try BlazeTV for Free
Sponsored content
Daily News Highlights

Get the news that matters most delivered directly to your inbox.