"We create money out of thin air to the tune of billions and billions of dollars," says Paul. "Then we spend it in places like China and they monetize that debt. It's a worldwide phenomenon. Everybody has mal-investments and overinvestments and all the problems built-in. The weakest economies are going to crack first. But, eventually, I think everybody's going to suffer from the massive monetary inflation that's been going on, not only for the last 10 years but probably 30 years."
Paul believes the markets will eventually come under pressure. To see what Ron Paul has to say about Janet Yellen, Ben Bernanke, the Fed, emerging markets, and the US economy, watch the video above.
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