Warsh speech on 'financial repression' to be broadcast at Stanford's Internet site

Video of this Thursday's address at the Stanford University Institute for Economic Policy Research by former Federal Reserve Board of Governors member Kevin M. Warsh, who lately has complained about "financial repression" -- government intervention against free markets (see http://www.gata.org/node/10909) -- is expected to be broadcast live at 8 p.m. Eastern time at Stanford's Internet site here:

http://siepr.stanford.edu/

The video is expected to remain on the Stanford site for viewing afterward.

In an essay in The Wall Street Journal on December 6 (http://www.gata.org/node/10839), Warsh wrote that "policy makers are finding it tempting to pursue 'financial repression' -- suppressing market prices that they don't like." Warsh said last week he planned to elaborate on "financial repression" in his remarks at Stanford and GATA has urged him to identify which policy makers and which markets are involved, to explain whether he learned about this "financial represssion" through his service at the Federal Reserve, and to say whether the public and the markets have the right to know exactly how "financial repression" is being targeted.

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

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