Ron Paul Rages “They” Refuse To Learn From Their Mistakes
by Ron Paul via The Ron Paul Institute for Peace & Prosperity,
ZeroHedge.com
09/29/2015
If Congress understood the Austrian theory of the business cycle, it would have allowed the recession that followed the housing bubble’s inevitable collapse to run its course. Recessions are the economy’s way of eliminating the distortions caused by the Federal Reserve. Attempts by Congress and the Fed to end a recession via inflation and government spending will only lead to future, and more severe, economic downturns.