While the Federal Reserve has been able to get away with its policy decisions in the past decades, it may be running out of time, as the US economy is running out of fumes. This decline poses a huge risk for the US dollar and financial assets and could put a lot of pressure on the American middle class. Now, more than ever, it is imperative for Americans to learn about the previous economic cycles and to understand that the days of US hegemony may soon be over.
This article will cover some key points covered in this Liberty report and explain why Ron Paul thinks the US economy could experience some hard times.
Ron Paul discussed the marriage of bank and state in the United States. This Liberty Report covered some of the dangers of a fiat system and drew historical parallels to periods such as the 1970s and even the 18th century.
The Federal Reserve has been unable to solve any recent economic problems, and its policies have only added fuel to the fire. The US dollar is beginning to lose its credibility globally. Americans need to understand this transition so they can prepare themselves for any potential repercussions.
Chaos Incoming
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