Originally Posted by Travlyr
Originally Posted by The Gold Standard
During the mid to late 20s the Fed's expansionary credit policies drove up stock prices and kept other prices higher than they should have been. During the 20s we were an incredibly productive country, which means consumer prices should have been falling, but the Fed made sure they didn't. That is the same thing as typical price inflation that people recognize.
When the bubble in the stock market burst, all of that easy credit disappeared as bad firms failed. That wasn't a result
Manchester, NH Chair of the Ron Paul campaign, State Rep. Cameron DeJong, explained why Ron Paul did so well in New Hampshire on Judge Napolitano's show, Freedom Watch. Rep. DeJong also talked about the Free State Project, Ron Paul's foreign policy strengths and how Rep. DeJong learned about liberty.
I admit that I did help Rep. DeJong with one of his recent election campaigns (he currently holds 2 offices.) Also, I plan on helping him again in 2012. These are the kind of people