Ron Paul is right, again.
https://www.lewrockwell.com/2025/11/ron-paul/cant-afford-a-vacation-blame-the-fed/
AI summary:
Nearly 30% of Americans cannot afford a vacation due to declining purchasing power and record household debt, driven by Federal Reserve policies since the 1971 decoupling from gold. Fiat currency enables unlimited money creation, which primarily benefits the wealthy through early access to new money, distorts markets via asset bubbles, and funds unsustainable welfare-warfare state spending. This cycle devalues the dollar, increases reliance on government programs, and risks economic crisis, political instability, and authoritarianism. The solution lies in returning to limited government, free markets, and sound money to restore prosperity and liberty.
https://www.lewrockwell.com/2025/11/ron-paul/cant-afford-a-vacation-blame-the-fed/
AI summary:
Nearly 30% of Americans cannot afford a vacation due to declining purchasing power and record household debt, driven by Federal Reserve policies since the 1971 decoupling from gold. Fiat currency enables unlimited money creation, which primarily benefits the wealthy through early access to new money, distorts markets via asset bubbles, and funds unsustainable welfare-warfare state spending. This cycle devalues the dollar, increases reliance on government programs, and risks economic crisis, political instability, and authoritarianism. The solution lies in returning to limited government, free markets, and sound money to restore prosperity and liberty.