Fed Creates Boom & Bust Cycles and Should Be Abolished

In Tuesday’s interview on Bloomberg TV, Ron Paul says that the free market, not the Federal Reserve, should determine interest rates. There is no need for a Chief Central Economic Planner that creates money out of thin air, causes financial bubbles and leads us into crises like the one we’re …

Continue reading

Obama Administration’s Meddling Increases Uncertainty

In his latest column Ron Paul points out that the economic crisis is not a liquidity problem and that government intervention only increases uncertainty and contributes to the weakening economy. Download the column as an MP3 file here (3:13 minutes). Is Spending the Answer? by Ron Paul This week, Congress …

Continue reading