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Ben Bernanke
Ron Paul: Why We Can’t Reinflate The Bubble
29 ResponsesOpening Statement: Transcript: Ron Paul: Yesterday a report came out that said that the Consumer Confidence Index was down to 25. Sometimes I think that might be overly optimistic, but nevertheless I think that vote of confidence really is a reflection on our financial system, our monetary policy, our spending policies here in Congress, and [...]
Ron Paul: End the Fed!
159 ResponsesSaturday afternoon Ron Paul addressed a crowd of about 500 people in front of the Fed building in downtown Houston. They had come together for one of many End the Fed demonstrations throughout the country. Here’s a partial transcript of Ron Paul’s speech (slightly edited for clarity): “It is a great event, and I understand [...]
Ron Paul questions Ben Bernanke about World Currency
72 ResponsesRon Paul questions Ben Bernanke about his secret meetings with other central bankers. What have they been talking about? Is the dollar finished and is there a new world currency on the agenda? What role is gold going to play, if any? Bernanke, while remaining evasive about the details of his meetings, denies the rumors [...]
Ron Paul vs. Ben Bernanke
8 ResponsesRon Paul has asserted for many years that inflation is a tax that benefits those who get all that freshly printed money first, and harms everyone else. Today, Fed Chairman Ben Bernanke agreed with that assertion, but failed to present a viable plan for saving the collapsing dollar: The Fed is now in an impossible [...]
Ron Paul: Do We Need The Federal Reserve?
4 ResponsesIn response to Ben Bernanke’s speech on why the Fed is the solution to (and not the cause of) our financial problems, Ron Paul was interviewed by David Asman on the Fox Business Channel: Memorable quotes: “One time it was gold [that backed our currency], then it was silver, then it was treasury bills, then [...]
The Money Has to Come From Somewhere
Leave a responseby Ron Paul After the current turmoil in the markets, I was hoping that new Federal Reserve Chairman Ben Bernanke would see the big picture and act judiciously. Instead he signaled, with an aggressive rate cut, that we can expect a continuation of the monetary policies that got us here to begin with. Alan Greenspan [...]
The Federal Reserve Monopoly over Money
Leave a responseby Ron Paul Recently I had the opportunity to question Federal Reserve Chairman Ben Bernanke when he appeared before the congressional Joint Economic committee. The topic that morning was the state of the American economy, and many of my colleagues raised questions about how the Fed might better “regulate” things to ease fears of an [...]
More of the Same at the Federal Reserve
Leave a responseby Ron Paul Benjamin Bernanke, a former member of the Board of Governors at the Federal Reserve, is all but certain to be confirmed by the Senate as the next Chairman of that institution. He may find that the adulation given to Mr. Greenspan does not carry over into his tenure so easily, especially if [...]
