Thomas Hoenig, president of the Federal Reserve Bank of Kansas City, voted eight times in 2010 against quantitative easing. Now facing forced retirement in October, Hoenig is still speaking out against the concept of easy money.
I don't agree with all of his views on the economy, but it's nice to see someone near the top is seeing things more clearly then Bernake and the crowd in Washington. The idea that he supports people building up savings in an effort to improve the economy would make me stand with him rather than against him most of the time. Let's hope someone like this doesn't just disappear off the radar when he retires.