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Index > Heap > Ron Paul - Economic Collapse is Happening!

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ford



Joined: 21 Jan 2010
Posts: 102
ford
The key is that with expensive money people are far less likely to make massively risky investments and this largely limits how out-of-control an economy can get. With zero or near zero interest rates, boom bust cycles like we've been in since '20/21 are going to be constant.

As for Dr. Paul's prediction, he didn't think that the Fed would be stupid enough to do three rounds of QE while interest rates were at zero. Bad calculation, but the logic is: that which mathematically cannot continue will, at some point, cease to continue.
Post 04 Apr 2016, 13:35
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