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.