What Has QE Wrought?

Posted by on January 12th 2018 in Uncategorized | Be the first to comment!

By Ron Paul By: Ron Paul[Editor’s Note: Watch Ron Paul deliver this Special Report here.​]The Great Recession began in 2007. It didn’t take long for the money managers to recognize its severity, and that a little tinkering with interest rates would not suffice in dealing with the economic downturn. In Dec. 2008, the first of four Quantitative Easing programs began which did not end until Dec. 18, 2013. Some very serious consequences of this policy of unprecedented credit creation have set the stage for a major monetary reform of the fiat dollar system. The dollar’s status as the reserve currency of the world …read more

Source:: Mises Daily


Leave a Reply

You must be logged in to post a comment.