Ron Paul appeared on Wall Street Journal Live yesterday to share his thoughts on the Fed’s decision to continue QE without tapering. Paul, author of End the Fed, is an advocate of honest money and protecting your wealth with hard assets like physical gold and silver.
“The more you print, the bigger the bubble. And there’s still bubbles out there… So if you continue the [stimulus], yes you might feel better. An addict always feels good when they get their drug. They feel a bit better, but it’s going to make the problem worse in the long run… [QE] can’t solve the problem, it is the problem.”
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