"Question: If you could pick one cause that has gotten us here, what'd you say it is? Ron Paul: Easy money. The Federal Reserve artificially lowering interest rates, deceiving the people, the investors, the savers, into believing that there's a lot of savings out there, and that we should invest more, build more houses, more cars. It's the malinvestment, which is every bit as dangerous, from the inflation of the money supply, as is the high prices that usually come."
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Politicians from TexasMembers of the United States House of RepresentativesActivists from TexasPoliticians from PittsburghPhysicians from Pittsburgh
Original Language: English
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Fox Business Network, March 24, 2009
https://en.wikiquote.org/wiki/Ron_Paul
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Ron Paul
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