Archive for Central Economic Planning
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Fed Creates Boom & Bust Cycles and Should Be Abolished
In Tuesday’s interview on Bloomberg TV, Ron Paul says that the free market, not the Federal Reserve, should determine interest rates. There is no need for a Chief Central Economic Planner that creates money out of thin air, causes financial bubbles and leads us into crises like the one we’re having right now.
Channel: Bloomberg TV
Date: [...]
Ron Paul to Fed: Enough is Enough!
At today’s House Financial Services Hearing, Ron Paul spoke for millions of outraged Americans when he accused the Federal Reserve of conducting its business in secret and of hiding important facts, such as the contents of its meetings with other central banks, from Congress and the public. He called on the banking cartel to stop [...]
Central Economic Planning Doesn’t Work
Here is Ron Paul’s opening statement at the House Financial Services Committee hearing on January 13, 2009 dealing with the TARP funds.
Ron Paul: “This continued debate that has gone on about our rescue programs that we have been devising is confirmation, I believe, that there’s very little understanding as to how we got into this [...]
