Top Economists to Advise Sanders on Federal Reserve Reforms

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http://7d.blogs.com/blurt/2011/10/top-economists-to-advise-sanders-on-federal-reserve-reforms.html

What do a Nobel Prize-winning economist and U.S. Sen. Bernie Sanders (I-VT) have in common?

They both want to reform the Federal Reserve.

Joseph Stiglitz, the 2001 winner of the Nobel Prize in economics and an economics professor at Columbia University, is one of nearly 20 of the nation's leading progressive economists and economic analysts who have agreed to advise Sanders on legislation designed to bring a major overhaul to the nation's central bank.

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"In my opinion, the Federal Reserve is representing the interests of Wall Street rather than the needs of ordinary Americans," Sanders told Seven Days. "We are now in a position to bring about real reform to the Fed."