Thursday, March 23, 2017
(Josh Sigurdson) Recently, Dr. Ron Paul broke down his views on the recent interest rate hike at the Federal Reserve and the direction he believes we’re heading within the monetary system.
by Josh Sigurdson, March 22nd, 2017
Dr. Paul made a familiar prediction, that we are headed towards stagflation, or an inflationary depression like we’ve never seen before.
Stagflation is defined as a high inflation rate teamed with high unemployment and low economic growth. When the government spends unthinkable amounts of money while the Federal Reserve prints currency out of thin air, devaluing the currency, creating debt and inflation, this is a sad inevitability.
Now, former Congressman Ron Paul has made these predictions in the past, but of course he did not put a date on it. The fact is, with the level of absolute manipulation of the markets and monetary system, economic fundamentals are off the table, making trends futile…