Government likes to spend money that it doesn’t have. The Fed accommodates government by creating new dollars out-of-thin-air, which is as unconstitutional as it gets. When government spends this counterfeited money, it creates massive economic distortions. Unviable businesses are started. Houses and buildings are built that shouldn’t be built. Risky debts are piled up. The temporary cure to this government spending & Fed counterfeiting disease is recession. The permanent cure is to End The Fed.
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