On War and Central Banks
“It is no coincidence that the century of total war coincided with the century of central banking.”
–Ron Paul, “End the Fed”
There are many opinions on the Federal Reserve and the role, both good and bad, that it has played in society. In the quote here, the independent-minded former Representative from Texas, Ron Paul, brings up the fact that with the help of central banks, nations have been able to print money and fund big-government projects. And what does the state do best? Wage war. Think about it.
Wisdom about money, investing and life can be found anywhere. If you have a good quote you’d like me to share with your fellow Weekly ETF Report readers, send it to me, along with any comments, questions and suggestions you have about my audio podcast, newsletters, seminars or anything else. Ask Doug.
In case you missed it, I encourage you to read my e-letter column from last week on Eagle Daily Investor about what we can learn from the “snap back” rally. I also invite you to comment in the space provided below my Eagle Daily Investor commentary.
All the best,
Doug Fabian
Jim Woods is a 30-plus-year veteran of the markets with varied experience as a broker, hedge fund trader, financial writer, author and newsletter editor.
His books include co-authoring, “Billion Dollar Green: Profit from the Eco Revolution,” and “The Wealth Shield: How to Invest and Protect Your Money from Another Stock Market Crash, Financial Crisis or Global Economic Collapse.” He’s also ghostwritten many books and articles, as well as edited content for some of the investment industry’s biggest luminaries. Read more about Jim Woods.
