Ron Paul Explains Bubble Economics

“My position over the many years is that the Federal Reserve is a dangerous organization because it creates the bubble…” – Paul

Bubble: otherwise known as ‘boom and bust’ economics which systematically transfers wealth from the poor and middle class to the rich, as it did in the case of the mortgage bubble, which is exactly what one would expect if the game was created and sustained by the banksters and stacked in their favour.

Paul’s speech before congress explaining the new proposed legislation:

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