‘Shut down’ the economy? Would government even think of such a thing without a Federal Reserve? Most likely not. Bailout just about everyone? Could government even think of such a thing without a Federal Reserve? Of course not! Every government and Federal Reserve “solution” comes with a promise for a bigger future economic crisis. The Fed is doomed to fail.
The Ron Paul Institute for Peace and Prosperity is a project of Dr. Paul’s Foundation for Rational Economics and Education (F.R.E.E.), founded in the 1970s as an educational organization. The Institute continues and expands Dr. Paul’s lifetime of public advocacy for a peaceful foreign policy and the protection of civil liberties at home. Visit http://www.ronpaulinstitute.org