The Federal Reserve Bank has faced a lot of critics, but for the first time the head Ben Bernanke will be facing Ron Paul, a Republican who has openly criticized the bank for decades. There is a good chance that this confrontation could alter the Federal Reserve's position on US currency policies having an unknown impact upon the USD. The centralized banking system has long been a topic of controversy and the interview that will take place between Bernanke and Ron Paul is sure to be full of surprises. Whether or not the interview has a lasting effect on US banking policies remains to be seen however there will be many questions.

Among these questions will be the use of quantitative easing to increase the money supply and thereby cause inflation, a move that China has condemned openly due to the losses they take on such actions. The amount of USD China or anyone else holds are devalued from quantitative easing, leaving their investments to rot away. The same is true of the money sitting in the bank accounts of Americans whether they are businesses or private citizens. Such a reality is why Ron Paul has vowed to confront the Federal Reserve and speak up for Americans.

It is likely that Ben Bernanke will have a volley of answers at the ready for the barrage of questions he is facing from Ron Paul. Regardless of this fact the mere reality of the interview says a lot about the state of the American financial and political system. Americans have had enough and their elected representatives are finally standing up to ask the tough questions they cannot ask for themselves. Those on the forex currency exchange should examine this meeting carefully, its outcome could drive down risk appetite and confidence in the USD.