Affordable Gas Price Act

Ron Paul Introduces Affordable Gas Price Act

By RonPaul.com on May 25, 2009

Statement of Congressman Ron Paul United States House of Representatives Statement Introducing the Affordable Gas Price Act (HR 2631) May 21, 2009 Madam Speaker, I rise to introduce the Affordable Gas Price Act. This legislation reduces gas prices by reforming government policies that artificially inflate the price of gas. While the price of gas has [...]

Posted in Economy, Ron Paul in Congress, Ron Paul's Legislation | Tagged Affordable Gas Price Act, HR 2631 | 29 Responses

“Inflation, indeed, throws a veil of illusion over every economic process. It confuses and deceives almost everyone, including even those who suffer by it. We are all accustomed to measuring our income and wealth in terms of money. The mental habit is so strong that even professional economists and statisticians cannot consistently break it. It is not easy to see relationships always in terms of real goods and real welfare. [...] Inflation is the autosuggestion, the hypnotism, the anesthetic, that has dulled the pain of the operation for him. Inflation is the opium of the people.”— Henry Hazlitt, Economics in One Lesson