Ron Paul: Blame the Fed for the Financial Crisis

``The Fed fails to grasp that an interest rate is a price--the price of time--and that attempting to manipulate that price is as destructive as any other government price control... The Fed's quantitative easing programs increased the national debt by trillions of dollars. The debt is now so large that if the central bank begins to move away from its zero interest-rate policy, the rise in interest rates will result in the U.S. government having to pay hundreds of billions of dollars in additional interest on the national debt each year...''