Ron Paul slams Federal Reserve as US money printing de-stabilize world - LANKA BUSINESS ONLINE

Ron Paul slams Federal Reserve as US money printing de-stabilize world - LANKA BUSINESS ONLINE: "April 13, 2008 (LBO) – Texas Congressman Ron Paul has slammed the Federal Reserve for printing money to manipulate interest rates and undermining the salaries of workers and savings of older people.
Paper money from pure fiat central banking, backed by nothing other than government debt - a process that was born after the gold standard was lifted by the United States which has led to rampant inflation since then - is a mystery to most ordinary people."