On C‑SPAN’s Newsmakers, he shares his concerns regarding the agency’s monetary policies. In the past, the representative has been very vocal in his criticism of the way the Fed is handled and has gone so far as to propose that it be eliminated in his latest book, “End the Fed.”
Rep. Paul also explain his agenda concerning financial issues and how they harmonize with the incoming Republican-majority’s overall agenda, as well as efforts to stimulate the sagging U.S. economy.
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Ron Paul is the man who will bring this country back from the brink of destruction. The neocons and progressives will try to convince the mindless majority that he’s a nut, but we need to wake them up to the truth and let them know that the 2 party system as it is isn’t working. They’ve been raping our wallets for far too long. Now we’ve got the FED completely ruining our way of life. They’ve gotten away with their crimes for far too long. It’s time they lick our boots instead. End the FED.
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I love when the reporters have some clue about history and RP can still correct them
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Thanks
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WE LOVE YOU RON PAUL…… 2012.
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Charlie bit me
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5:24 Dr. Paul quickly stops himself, avoids calling American People ‘Taxpayers’.
His fundamentals are sound indeed. Long live Dr. Paul!
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End the Fed, End the IRS, Stop Property Tax and elect Ron Paul 2012
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SECTION 19. And be it further enacted, That if any of the gold or silver coins which shall be struck or coined at the said mint shall be debased or made worse as to the proportion of fine gold or fine silver therein contained, or shall be of less weight or value than the same ought to be pursuant to the directions of this act
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through the default or with the connivance of any of the officers or persons who shall be employed at the said mint, for the purpose of profit or gain, or otherwise with a fraudulent intent, * * * every such officer or person who shall be guilty of any * * * of the said offenses, shall be deemed guilty of felony, and shall suffer death.
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Ron Paul is too good to be POTUS….it would be a waste of talent
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Boo! Bad answer! The bubbles of the nineteenth century were caused by nineteenth-century central banking and other interventions into the free market — the first and second Banks of the United States, the National Banks created during the Civil War, and suspension of specie payments. There was also bimetallism, which Paul alludes to. All bubbles have the same cause — government-endorsed and protected fractional reserve banking.
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ANDREW JACKSON had bigger problem than today,because every man had a gun with no cooperation in Jackson days,but we still live through generation to see today militant bankers.He still save the nation from the Masses(people) with weapon(guns) of destruction(economic death). Watch out for the IMF. The UN is behind the curtain. NATO is at the door with they founders(USA army).Lincoln would FEAR Jackson and since most love able, Jackson will rule in the hearts and minds of bankers.
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I’m glad to see Ron Paul on television educating America.
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Pretty good interview. Sound was too low but I liked the questions they asked, got some very good answers out of Dr. Paul. Unfortunately don’t know how many people watch C-Span to benefit from this wizened exchange.
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Excellent interview
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Deflation would be great for We the People, but the flip of the coin is that it would Destroy the Banks and those trying to pay back Debt. The banks have no choice but to keep expanding/Inflation the money supply. So how can we make the right decission when it will destroy their well being, we are so set to Doom Mode and we won’t turn it off untill we see ourselves together here!
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Free the citizen from taxation or a from of great reduction,so the people can rebuild the loses.The people must rules them self,this will send the ones of reason running for new monopoly elsewhere. Burn all bridges,if you want to restore the dollar,restore the true faith of it.Angels have played themselves,realize you don`t have wings or you will fall and break you back(bank).Just them about ANDREW JACKSON “The Greatest American”
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lol the way Robin” looks just makes you wanna see him get punched
I hope ron paul gets something accomplished.
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Audio too low.
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Yea cut spending,lets watch them starve and shipped off to the Camp FEMA for government care(bill). Weclome to the fed world Dr.paul. I do respect you, but just to let you know he is playing in the hens(chicken) pen.We should be bring the nation into one voting block and them address new monetary policy.Loses will have to be made, give up the oil field of the middle east to china,so we can avoid war with them and settle the trillion dollar death.We must then move our oil fields to other places.
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let’s hear another congressman talk about economics and monetary policy with as much conviction and knowledge as Dr. Ron Paul. We won’t because congress is absolutely clueless to how a real free market capitalist economy is supposed to work. Some of them don’t even know how the Fed Works.
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the problem i see is that Paul trying to tell the interviewers that the market CAN manage interest rates… the interviewers as i see it don’t know HOW a market sets interest rates and because of this lack of knowledge they can’t see how dangerous the artificial setting of interest rates are.
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What did the Founders say about Banking Institutions & why are Americans not taught these things?. Americans live in a Fiat Mind set they have been deceived by there own Education system. Its not to late to turn back we are not Progressing we are Congressing by a Congress not Progressing
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Ron Paul shows his wisdom yet again.
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Look up Federal Reserve in your phone book under government listings and you will not find it. Then look it up under the local business listings and depending where you live, you will find the Fed Reserve listed on the same page as Federal Express!?!
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supply-demand equilibrium. So, if one understands this, why then would an entity which can stop this process and further stimulate overconsumption and under (or even negative) savings reduce both the amount and magnitude of recessions? Recessions are, afterall, the cure for an economy. So, it’s quite comical we try so hard to avoid them in our country.
The recessions and bank runs of the 1800s were a form of market discipline on fraudulent banks.
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cause another recession with further overconsumption from discoordinated prices. The gap between savings and loanable funds will appear yet again and be even wider after input prices increase and unprofitable ventures will yet again go bust.
You will have a massive “credit crunch” which is nothing but the market trying to raise interest rates to limit borrowing and stimulate savings. The market is trying to bring the amount of savings and borrowing in unison. This is nothing but
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More severe recessions without central banking? lolwut; that does not logically follow.
Indeed, if interest rates are controlled absent a market, you will have a growing chasm between savings and loanable funds. Why save if I’m getting a 0-1% return? Why not borrow if I only have to pay back 0-1% plus the principle?
If you try to inflate away this deficiency between savings and loans (“injecting credit / liquidity”), you will merely bid up prices as that credit circulates. This will
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Great stuff Dr paul!
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not Ron Paul but the other fellow got funny funny facial expresions
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He still supported this bill, I think he should’ve voted against it.
Now our National Debt will be even higher.
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The bubbles in the 1800s, which were very minor compared to modern ones, were brought on by state banks utilizing fractional reserves. You have no credit cycles if your banks aren’t allowed to rip off their customers.
The clamoring for liquidity and a central bank by the banks was so that they could continue to inflate credit and not have to face market discipline. They tried to do this through private cartels, but that failed spectacularly. The bankers understood you needed gov’t coercion.
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Thanks for posting, only the audio is very low.
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Bravo Paul, bravo Assange, bravo Wikileaks, support Wikileaks, end the wars, end the Fed. I just wish he could have voted against this terrible tax bill.
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Its so great the Ron is the chairman of the subcommitte and now will have a strong voice for ending the root of economic evil in the U.S. – The Fed!
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