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Ron Paul on Money, Banking and the Crisis (1988)

In this 1988 interview, Ron Paul talks about money, banking and the Federal Reserve, and predicts the current financial crisis.

Show: American Power Structure
Date: August 1988
Transcript:
Voiceover: American Power Structure. We’re joined by John Cone.
Frank Morrow: Ron there’s an old statement I’ve read heard about people saying, in Congress, that banks never lose.
Ron Paul: Well, I think [...]

Surrender to the Printing Presses

In his latest essay Dr. Ron Paul accurately diagnoses the government’s money dilemma and prescribes a painful but effective cure. We the people are in agreement, but our decadent politicians and bankers have decided to prolong the “easy credit” bonanza for as long as they possibly can. Are they oblivious to the risk of total [...]