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Ron Paul

Kategori: Allmänt

SPRINGFIELD, Virginia- Today, Campaign for Liberty Chairman Ron Paul issued the following statement in response to the Federal Open Market Committee’s decision to continue its failed bond buying program:

“Chairman Bernanke and the government falsely believe they can single-handedly control interest rates. Yes, there can be some manipulation, but markets are much more powerful.

“The Federal Reserve has lost control of interest rates, and we are seeing the results in higher yields on Treasury notes, likely due to the Federal Reserve’s unprecedented monetary expansion over the past few years. Until our leaders understand that the Federal Reserve’s drastic intervention in the US economy has made our economic problems worse, the American people will continue to suffer high unemployment, rising prices, and now, rising interest rates for years to come.”

Europe Still “Not so Great”

Kategori: Allmänt

Speaking at a Franklin Templeton investment conference in London this week, Zahn said his overall view of Europe is that “it’s not great, it’s not terrible, it’s moving along and reforming.” He says investors need to be patient—and selective.


David Zahn
“My overall take on Europe is that it’s not doing badly. There is still a lot of rebalancing that needs to be done between the periphery and the core countries. This will take time. There are still measures that need to put through. There are a number of structural problems in Europe that still need to be dealt with, and they are being dealt with at a reasonable speed. If Europe doesn’t contract in the next year or two, we think that could be considered as doing quite well.