US congressman Ron Paul has launched a scathing attack against the US Federal Reserve, which the Congressman claims is printing money in order to manipulate interest rates and undermine workers wages and old people’s savings.

Paul, one of the few politicians with an insight into fiat money wrote "The greatest threat facing America today is the disastrous fiscal policies of our own government, marked by shameless deficit spending and Federal Reserve currency devaluation."

The Texan congressman went on to write in his column that the Federal Reserve “is the strangest, most dangerous advantage ever placed in the hands of a special privileged class by any Government that ever existed."

Source: www.lankabusinessonline.com

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