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Re: Who's pulling who's wheight?



 

I listen to Ron Paul for a while.


There are never easy, working, solutions to a complex problem.


Asked how he would go ahead during and after the audition: - cut every budget (as much as possible), cut taxes. While it's a simple concept, gouverment budget cuts mean rising unemployment. Like in Germany, lean gouverment means there are fewer people actually working there, paying taxes but more people not working there, costing money. So the effect ist countered.


Nevertheless the FED has to watch the exit point of the current QE in order to not become an addict.