The Answer to the Bailout Speaks

http://www.ronpaul.com/2008-09-25/ron-paul-my-answer-to-the-president/

 

Ron is mostly correct as usual. My only gripe here is if the bailout passes the equities markets will thrive on other peoples’ money. If the bailout fails real estate and equities will fall very fast, but this is needed. The deflation will spike dollar strength bringing oil down below $60 barrel. We’ll have a more reasonably valued dollar afterward if the bailout fails.