Republican presidential candidate Ron Paul doesn’t have much confidence in the Federal Reserve, he told Cramer Friday. Especially when it comes to setting interest rates.
In fact, the biggest complaint Paul gets on the campaign trail is from people claiming the Fed cut too much or not enough. But according the Texas congressman, this shouldn’t be the central bank’s job anyway.
“If you believe in free enterprise and capitalism,” Paul said, “you should have the market forces determining interest rates.”