Re: It Had To Be - On Channel . . . Three
On Jul 14, 2:10 pm, "Kweeg" <kw...@nospam.shaw.ca> wrote:
> <mrspook2...@yahoo.com> wrote in message
>
> news:ea96ceb9-8632-4584-bb03-c25aec22824d@k37g2000hsf.googlegroups.com...
>
> oh look spookie gotta new email addie... go figure
>
New? It's older than your boyfriend.
> --
> Qa PLONK!
Qa LAUGH!!!
=-=
". . . When the Fed(eral Reserve) artificially lowers (interest)
rates, it misrepresents economic conditions and misleads people into
making unsound investments. Investments that would not have been
profitable beforehand suddenly seem attractive in light of the lower
interest rates. These are *malinvestments*, which would not have been
undertaken if the business world had been able to view the economy
clearly instead of being misled by the Fed's false signals.
In the short run, a false prosperity takes root. Business expands.
New construction is everywhere. People feel wealther. This is why
there is always such political pressure on the Fed to lower rates
around election time: the prosperity comes in the short run, and the
painful correction comes much later, well after people have cast their
votes."
Ron Paul
From, "The Revolution - A Manifesto"
Kweeg
