We have so much unemployment, it is so undercounted. The free market economists report that there is probably 22% of unemployment. They [the Fed] pumped in $4 trillion, they should have added a lot of jobs, but how much did it cost us, and that of course is the price inflation that will come. We are moving into another 30 year period where we are going to see a reversal of interest rates, and we are going to see a crashing of the bonds like we saw 30 years ago and it's going to last a long, long time. The Fed deserves the blame for the inflation, and for the unemployment.- US Congressman Ron Paul.
Ron keeps calling it like it is. With the incredible dependency we have on the Federal Government, what will happen when its debt (really a proxy for the dollar) gets trashed? If 44 million people didn't have food stamps tomorrow, what would they eat?
http://chum.ly/n/6c2401
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment