#8344
Mentioned in 4 episodes

End the Fed

Book • 2009
In 'End the Fed', Ron Paul argues that the Federal Reserve System is both corrupt and unconstitutional.

He contends that the Fed's actions cause booms, bubbles, and busts in the business cycle and that it inflates currency to levels similar to those seen in Weimar Germany or Zimbabwe, threatening an inflationary depression.

Paul also argues that the Fed serves the interests of big banks and wealthy elites rather than the general public, and that it facilitates warfare by enabling the government to finance its debts through inflation, which acts as a hidden tax on the population.

Mentioned by

Mentioned in 4 episodes

Mentioned by Morgan Housel , reflecting on the best-selling investing books of 2009.
147 snips
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