"Our Children and Grandchildren are not merely statistics towards which we can be indifferent" JFK

Monday, November 8, 2010

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

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