This week the Fed decided that interest rates would remain artificially suppressed at zero, and stay there for years to come! Central planners always end up backing themselves into an impossible corner. The idea that a government-created central bank can plan the economy by price-fixing and counterfeiting currency is proving itself to be impossible.
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