"Drug Addict" - Our economy on the Fed

Our economy, under the management and supervision of the Federal Reserve, has become a "drug addict."

According to GOP presidential candidate Ron Paul, on watching the Fed try to salvage the current credit bust:

You're right, but it's sort of like a drug addict. The drug addict demands more or he's going to have convulsions. The economy would have a convulsion if the Fed didn't inject more credit. But if you continue to do that, the problem gets worse. You can't solve the problem of monetary inflation with monetary inflation. These circumstances have all been created by our government and the Fed. Link.

Ron Paul the pragmatic choice for everyone

I figure this article is directed toward liberals, but makes a well written valid argument for anyone seeking advice on how to consider Ron Paul. He argues that electing one of the Democratic frontrunners won't accomplish any social policy changes that liberals want because of the budgetary deference to foreign policy concerns (read: empire building) as we head into an increasingly dire economic catastrophe at home.

--