Saturday, Sep 27, 2008
Ron Paul and Jim Cramer on the Federal Reserve - from Dec 2007 but even better now
CNBC Mad Money: Ron Paul on Jim Cramer's Mad Money
Ron Paul and Jim Cramer make unlikely allies, but I am delighted that finally an old-style politician of true sincerity has actually broken through into the mainstream.
Here they summarise with wonderful clarity what is wrong with the world monetary system and explain how it causes boom and bust cycles.
Ron Paul: "It is the distortion of interest rates by manipulating of the money supply that cause these bubbles to form."
Jim Cramer to Ron Paul: "Why is it that people are turning on to YouTube to see you talk about something that 'everybody else' thinks is too boring??!?!!!?"
Posted by sneaker @ 11:01 PM (261 views) Add Comment
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