And the U.S. is only going to be protected from an economic depression temporarily.  The stock market will only insulate for so long before it’ll take hits too. Dr. Paul says central banks, which drastically lower interest rates destroy the pricing mechanism in financial markets, can’t stop the ultimate collapse. 

“I don’t think anything even existed coming close to what we’re facing today,” Paul said.

Dr. Ron Paul is the author of the book, End The Fed. This book is a provocative and controversial treatise that argues we cannot actually fix the broken economy without discussing the 800-lb gorilla in the room: the Federal Reserve.

Most people think of the Fed as an indispensable institution without which the country’s economy could not properly function. But in End the Fed, Ron Paul draws on American history, economics, and fascinating stories from his own long political life to argue that the Fed is both corrupt and unconstitutional. It is inflating currency today at nearly a Weimar or Zimbabwe level, a practice that threatens to put us into an inflationary depression where $100 bills are worthless. What most people don’t realize is that the Fed — created by the Morgans and Rockefellers at a private club off the coast of Georgia — is actually working against their own personal interests. Congressman Paul’s urgent appeal to all citizens and officials tells us where we went wrong and what we need to do fix America’s economic policy for future generations.

Article posted with permission from Mac Slavo