Is there an end to the U.S. debt spiral?
From Congressman Ron Paul, in his weekly ”Texas Straight Talk” column on his House of Representatives website, posted on November 29th: ”Surely we are facing an emergency debt spiral, as evidenced by the Federal Reserve’s recent commitment to buy another round of Treasury debt. It’s now quite obvious that the U.S. government plans to inflate its way out of debt, and the world is fleeing our dollar in response. Just 7 years ago Congress raised the debt ceiling to $6.4 … Continue reading →