Ron Paul: The Federal Reserve Will Self-Destruct (video-CNBC)

Ron Paul goes off on the Federal Reserve and unfortunately, the segment is during Joe Kernan's time slot...just mute when you see Joe's lips move.

• Federal Reserve will self-destruct
• this is a deeply flawed monetary system
• 1 person can create $600 billion with the stroke of a pen
• Where did this authority come from
• Bernanke will continue to create money until their is economic growth however creating money has never been proven to stimulate growth