Ron Paul

Ron Paul’s Lectures on the Perilous Economy

Alternatively: At this point, neither the domestic or global economy is strong enough for a rate increase and the wealth affect is pronouncing itself as an increase in real estate. This is markedly pronounced in cities such as Boston, Providence and Nashville where Real Estate has gone up nearly 30% year over year. This steady wealth effect is outpacing inflation because of the ferocious downturn in real estate in 2008.

3 Markets Up 30% Y/O/Y