 Under Ron Paul's theory, this diminution has the biggest impact on low income individuals since it is a regressive tax.Paul argues that the CPI presently does not include food and energy, yet these are the items on which the majority of poor peoples' income is spent.He further maintains that most people are not aware that the Fed was created by the Morgans and Rockefellers at a private club off the coast of Georgia—is actually working against their own personal interests.