7 responses to “Ron Paul: Federal Reserve Steals From the Poor and Gives to the Rich”

  1. http://hotcouponcode.net/

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  2. John

    PLEASE SEE http://www.publicbanksolution.com

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  3. Scott

    QE is terrible. It is creating money out of thin air. The two comments below miss the point of the article.

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    1. John

      PRIVATE BANKS CREATE MONEY EVERYDAY.SEE http://www.understandingmoney101.com

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  4. JOHN

    QE is making the federal debt disappear.

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    1. John Smith

      This is not true! It is not making the federal deficit disappear what it is doing is adding to the Federal Reserves own deficit. That debt amassed by the Fed is your responsibility! If they Fed is short a dollar, you the American people must make it up.

      Unlike others little informed, I understand one of the real functions of authentic taxation and that’s to return loose money that defaulted into the system back to the origin so that inflation does not occur and the system does not slow down into stagflation like we had in the seventies. Money that the Fed dumps into the system MUST COME BACK this is natural and necessary and the only way is usually through taxation if the Fed loses count. Much of this is very difficult to explain, but the point is that there is no way to reduce the deficit itself through printing….we will all owe that money for decades.

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  5. Ziad K Abdelnour

    The Fed has implemented and completed four different programs. Three Quantitative Easing programs (QE1, QE2 & QE3) and Operation Twist (Fed buys long-term bonds and substitutes for short-term in order to bring down interest rates). QE3 was announced in September 2012 with the stated goal of further stimulating growth with particular focus on employment. By implementing QE1 and 2 the Fed did prevent a massive and quick de-leveraging of the financial system following the 2008 crisis, and by doing so likely prevented a depression from occurring during that period

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