A Notable Quote From Ron Paul

On Wednesday The Wall Street Journal ran a story titled “Anti-Fed Activists Fuel Push for Audit”:


One quote from Ron Paul really caught my attention:

“The Fed will self-destruct,” Mr. Paul said in an interview. “This economy is going to get worse and this dollar is going to get a lot worse.”

I found “The Fed will self-destruct” phrase to be most interesting.  I’m not sure what he means by this – perhaps he elaborates on this in his book “End the Fed” – but I think the phrase is worthy of contemplation.  Its connotations are massive, should Ron Paul prove correct…

SPX at 1066.04 as this post is written