Monday, May 7, 2012

Ron Paul: "Central Bankers Are Intellectually Bankrupt"

http://www.zerohedge.com/news/ron-paul-central-bankers-are-intellectually-bankrupt


Control of the world’s economy has been placed in the hands of a banking cartel, which holds great danger for all of us. True prosperity requires sound money, increased productivity, and increased savings and investment. The world is awash in US dollars, and a currency crisis involving the world’s reserve currency would be an unprecedented catastrophe. No amount of monetary expansion can solve our current financial problems, but it can make those problems much worse. 

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