The Crack-Up is Coming

By Ron Paul

Some Federal Reserve officials are calling for tougher banking regulations in order to prevent the Feds low interest rate policy from leading investors to take excessive risks that will create asset bubbles. The Fed is understandably worried that these bubbles will burst leading to another market meltdown. However, the boom-and-bust cycle will not end because regulators stop investors from taking excessive risks. Almost every bubble and economic downturn America has experienced...