Gov. Perry: Bernanke printing more money would be ‘almost treasonous’

Texas Gov. Rick Perry’s (R) suggestion Monday in Iowa that it would be “treasonous” for the Federal Reserve to engage in more quantitative easing turned heads and raised questions about the limits to Perry’s folksiness on the campaign trail.

Perry suggested that Ben Bernanke, the Fed chairman, would find himself in a “pretty ugly” situation in Texas if he were to authorize another round of quantitative easing, a method of pumping more money into the economy by essentially creating more money.

{mosads}“If this guy prints more money between now and the election,” Perry said at a campaign function in Iowa, “I don’t know what y’all would do to him in Iowa, but we would treat him pretty ugly down in Texas.”

The comment quickly made waves overnight, particularly for invoking the concept of treason in response to an economic maneuver.

“Printing more money to play politics at this particular time in American history is almost treacherous — or treasonous, in my opinion,” Perry said.

Part of Perry’s early appeal to conservative primary voters has been his plain-spoken approach to issues important to conservatives. And to be sure, conservatives have griped about each successive round of quantitative easing, accusing Bernanke of manipulating the economy.

But some Republicans took umbrage at the way Perry made his remarks.

“Gov. Perry’s comments about Chairman Bernanke are inappropriate and unpresidential,” said Tony Fratto, a former deputy press secretary for President George W. Bush, on Twitter.

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