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 its the biggest financial bubble in the history of monetary policy, he said.
Watch part 2 of this interview here:
www.youtube.com/watch?v=9bgmI-1z3G4