While lawmakers rush to “fix” current economic problems, Ron Paul asks us to consider why we’re here in the first place.
“We cannot expect correct policies to be implemented if we don’t understand the cause of the crisis.”
“A massive single-year debt increase of $2 trillion and a $9 trillion stimulus by Congress and the Federal Reserve, verges on madness. This has entailed taxpayers being forced to buy worthless assets, propping up malinvestments, not allowing the liquidation of bad debt, bailing out privileged banking, Wall St. and corporate elites. We promote artificially low interest rates which eliminates information that only the market can provide. Steadily sacrificing economic and personal liberty is accepted as good policy.”
“Inflating the money supply over 100% in less than a year, is no way to restore confidence to a failing financial system. Expect huge price increases in the future. We have set the stage for further expanding the money supply many folds over through fractional reserve banking. We deliberately liquidate debt, especially government debt, by debasing the currency. We refuse to accept the fact that the debt cannot be paid, and future obligations are incomprehensible, with revenues crashing, and unpredictable, while expenditures are put on autopilot with no new requests being denied.”
It makes so much sense when he says it. I wish somebody making decisions in the world of global finance and government, would listen.