(vid) Ron Paul: Bailout Everyone? The Fed Is Doomed To Fail

Ron Paul:

“We’re well on our way to an inflationary depression.”

“People lose their senses in mobs, and it takes a period of time [to wake up], because they only regain their senses one person at a time.”

“We’re verging on something closer to fascism [compared to socialism].”

$23 trillion in debt, and they’re talking about spending $trillions for bailouts, [after they’ve already spent $trillions pumping money into the stock market during this crash.]

Bailout Everyone? The Fed Is Doomed To Fail

‘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.

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