Video: Is Fed Credibility on the Line?

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.