Ron Paul on the Coming Housing Bubble
Posted in Politics, Ron Paul for President on Mar 20th, 2007
Ron Paul’s Straight Talk this time around talks about the upcoming Housing Bubble. An excerpt:
But capitalism is not to blame for the housing bubble, the Federal Reserve is. Specifically, Fed intervention in the economy– through the manipulation of interest rates and the creation of money– caused the artificial boom in mortgage lending.
The Fed has [...]
