, GOLD SILVER LIBERTY: Dr. Ron Paul: We Are Approaching the Point of No Return

Wednesday, November 8, 2017

Dr. Ron Paul: We Are Approaching the Point of No Return


The treatment for this is a correction; you have to allow the debt to be liquidated. You have to get rid of the mal-investment and you have and to allow real economic growth to start all over again. But that wasn’t permitted in ’08 and ’09, which is why there’s been stagnation. It's hard to believe that today we have negative interest rates -- real rates are negative and people still aren’t grabbing them up! A shortage of money isn't the problem here; rather, it’s a shortage of understanding market conditions.

We’re over-taxed and over-regulated. This is resulting in a destructive system that has divided the country into two groups: those who haven’t recovered from the Great Financial Crisis versus those who are getting very rich because they're on the receiving end of the new money created by the Federal Reserve. The people who get to create the credit get to distribute the credit, which always results in a situation where money becomes unfairly distributed, as its allocation is no longer dependent on productivity.

- Source, Peak Prosperity