Kitco NEWS

The Federal Reserve has been managing the economy through “monetary manipulation,” causing malinvestment, and the over-accumulation of debt, said former congressman Ron Paul.

The end result is an overinflated stock market that could see a “violent correction”, as well as a monetary system on the brink of collapse, Paul said.

“I happen to believe it’s the biggest financial bubble in the history of monetary policy,” he said.

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