In this video, Ron Paul and Paul-Martin Foss discuss monetary policy and last week’s FOMC actions, or lack thereof. Topics include:
- The effect of monetary policy on prices in the economy.
- The likelihood of the Fed decreasing its balance sheet.
- The likelihood of increasing rates in the near future.
- How Fed actions distort the economy.
- How the credibility of the Fed is endangered by its apparent lack of a plan.