The Egyptians, Tunisians, and others rebel against political and economic tyranny. Markets reveal truths and the truth is anti-federal government. The interventionist chickens are coming home to roost. People are poorer and less free for US policing of the world. Americans, too, of course. The big event will be a currency collapse, when trust is lost. Ron Paul’s first committee hearing, as chairman of the Domestic Monetary Policy Subcommittee, showcases the Fed’s responsibility for higher prices and unemployment, here and around the globe.
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