Will China or Russia Fill The Gap When The Federal Reserve Fails?

March 14, 2022

The idea that The Fed could make dollars that they can counterfeit “as good as gold” was always a fairy tale. The idea that the Fed would create a “stable” currency was always a fairy tale. The idea that the Fed could “run” the economy, or prevent recessions and depressions was always a fairy tale. The Fed destroys the economy and brings about depressions. All fairy tales must come to an end. But what will replace it?

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The Best of Daniel McAdams

Executive Director of the Ron Paul Institute for Peace and Prosperity and co-Producer/co-Host, Ron Paul Liberty Report. Daniel served as the foreign affairs, civil liberties, and defense/intel policy advisor to U.S. Congressman Ron Paul, MD (R-Texas) from 2001 until Dr. Paul’s retirement at the end of 2012. From 1993-1999 he worked as a journalist based in Budapest, Hungary, and traveled through the former communist bloc as a human rights monitor and election observer.