If the creation of new money affected everyone evenly, there would be no point in government granting monopoly privileges to a central bank, and as Ron Paul explains, “it’s precisely because some benefit at the expense of others, that monetary inflation is so intoxicating.”
In this brief clip, the libertarian details the tough times that lie ahead, and pins the blame ‘tail’ on the elephant-hiding-in-the-room…
“The Federal Reserve is the beating heart of big government, military empire, and the welfare state,”
via Zero Hedge http://ift.tt/2EWWfYD Tyler Durden