The 4 Most Dangerous Fed Fallacies You Need To Know

EDITOR'S NOTE: In this episode of Liberty Report, Dr. Ron Paul said something quite disturbing about the way the Fed is running our economy. He likened the Fed’s efforts to “trying to build a skyscraper [without]...a unit of measurement.” How can you possibly run the underlying accounts of an economy when you have no reliable unit of account? No doubt, the Fed will vehemently disagree. But what if its measures are based on a fallacy? Today’s inflation, what the Fed predicted would be “transitory,” attests to this frightening possibility. Dr. Paul identifies FOUR Fed fallacies. And what’s scary about them is that they’re foundational to the Fed’s efforts, meaning they’re foundational to our economy’s prosperity or ruin.

Video: Ron Paul Library Report

Originally posted by Ron Paul Library Report.