Rick Perry

"Printing more money to play politics at this particular time in American history is almost treasonous in my opinion," [Perry] added. "We already tried this. All it's going to be doing is devaluing the dollar in our pocket, and we cannot afford that.  We have to learn the lessons of the past three years. They've been devastating."

Perry, when he met with reporters, was asked explicitly whether he was suggesting that such an action by the Fed would be strictly an attempt to help reelect the president. "If they print more money between now and this election I would suggest that's exactly what's going on," he replied.

"If this guy prints more money between now and the election, I don't know what you all would do to him in Iowa, but we would treat him pretty ugly down in Texas," Perry said of the possibility of another round of so-called quantitative easing in the money supply.