Ron Paul: Yellen Dangerous For The Economy..
Posted in the Banking Forum
#1 Nov 27, 2013
Kitco News)- The Federal Reserve will not be able to revive the economy under the leadership of Janet Yellen, said Dr. Ron Paul.
The former U.S. congressman, and former Republican presidential candidate spoke with Kitco News during the Metals & Minerals Conference in San Francisco and said he does not expect Yellen to change the monetary policy that is currently in place. In fact he expects that she could be even more aggressive than current chairman Ben Bernanke.
Although Paul was critical of Yellen’s policies, he said that the leadership of the central bank is secondary to the entire system. He added the last four or five years has demonstrated that the entire monetary system is not helping the economy grow.
Paul explained that although the Fed has managed to keep interest rates artificially low, it has done nothing to help build the economy and has only created an asset bubble that continues to grow.
My point: To live for the day and why bother w/ Tomorrow!!!
Since: Jul 13
#2 Nov 27, 2013
The question rather is;
Why bother writing numerous posts and single topix with absolutely no response what so ever. You look like an insane man screaming to the mirror window on a subway train
#3 Nov 27, 2013
I sense you are the insane fool in this Forum!!!
Don't forget that Ron Paul is A MD first and Congress man second!!! And you are no body!!!
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