Ron Paul Blasts Federal Reserve and Calls for Rebuilding the Economy; Time for Bitcoin? – CryptoGlobe

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Ron Paul Blasts Federal Reserve and Calls for Rebuilding the Economy; Time for Bitcoin?

ron-paul-blasts-us-federal-reserve-and-calls-for-rebuild-of-economy-time-for-bitcoin

Former U.S. Representative and Presidential candidate Ron Paul blasted the Feds money-printing policies in response to the coronavirus pandemic.

In a series of tweets, Paul denounced the Federal Reserves money-printing tactics which took the U.S. balance sheet over $6.6 trillion.

The former U.S. Representative of Texas said the Feds fake economy had burst and claimed even a rally in the stock market would not be able to mask the damage already done. Paul also warned against politicians using the coronavirus, which he said has proven to be less deadly than the seasonal flu, as an excuse for the fiscally irresponsible behavior.

Paul continued, calling the Feds policies un-American and claimed the central banks micromanagement of the economy had failed. He argued for a total rebuild of the U.S. economy and its governing body in the image of American ideas of liberty and sound money practices.

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Ron Paul Blasts Federal Reserve and Calls for Rebuilding the Economy; Time for Bitcoin? - CryptoGlobe