5-11-09 Ron Paul The Truth About the Economy

The distortions produced in the market by the over printing of money will eventually translate into runaway inflation. (UPDATE 7/29/09: The Fed is paying banks interest NOT to loan money. http://www.dailypaul.com/node/101198 ) A little bounce and reprieve in the economy is nothing to be reassured about. We must stop spending and pay the bills, but instead they are postponing a real market correction and making the underlying problem worse.

A so-called "mild" rate of inflation of 3% per year leads to a 56% rise in prices over a 15-year period. Even a "low" rate of inflation of 2% per year leads to a 35% rise over that same period.

Join Ron Paul's Campaign for Liberty, the most promising group pushing for legislation that will lead to sound money and restore liberty. They email you editable action alerts they foward to your congressmen. Please also sign the petition to audit the Federal Reserve on their home page. https://www.campaignforliberty.com/signup.php#form

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[MrColts420]

The only way they can "hide" inflation is to keep changing the CPI

[Nathantok7]

Ron Paul vs. Ben Bernanke! I would pay to see that debate! Go Ron Paul!

[brown55061]

unlikely senario lol. Yea, they know it will be WAY worse than 10% inflation. By December we will see the price of goods double thanks to all this printed money and dirivitive debt.