Friday, September 18, 2009

A Notable Quote From Ron Paul

On Wednesday The Wall Street Journal ran a story titled "Anti-Fed Activists Fuel Push for Audit":

http://online.wsj.com/article/SB125305951231914071.html

One quote from Ron Paul really caught my attention:

"The Fed will self-destruct," Mr. Paul said in an interview. "This economy is going to get worse and this dollar is going to get a lot worse."

I found "The Fed will self-destruct" phrase to be most interesting. I'm not sure what he means by this - perhaps he elaborates on this in his book "End the Fed" - but I think the phrase is worthy of contemplation. Its connotations are massive, should Ron Paul prove correct...

SPX at 1066.04 as this post is written

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