Today’s Wall Street Journal has one of the most important articles it has published in decades. In it, author Mark Spitznagel shows how the Federal Reserve helps the super-rich at the expense of the rest of us.
The only candidate who spoke out about the economic damage done by the Fed’s manipulations of credit was Ron Paul. The rest (including Obama) either don’t understand or don’t care. If there is an opportunity for questions from real people during the fall presidential “debates” I would love to see one asking the candidates what they will do to keep the Fed from creating still more bubbles and inflation.