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By RonPaul.com on April 23, 2013
Transcript News Anchor: Are you concerned about this drop that we’ve seen in gold? Ron Paul: I’m concerned about the erraticness of the dollar. The dollar goes up, the dollar goes down, we print a lot of dollar and the dollar gets devalued, that’s really the concern. If people think that the gold price going [...]
Posted in Economy, Monetary Policy | Tagged Bitcoin, Dollar, Fiat Money, Gold |
By RonPaul.com on January 20, 2013
by Ron Paul Last week President Obama bluntly warned Congress that he will not negotiate when it comes to raising the statutory debt limit. If Republicans attempt to use a debt ceiling vote to win concessions on spending from the White House, Mr. Obama threatens simply to raise the limit by executive order or other [...]
Posted in Monetary Policy, Ron Paul's Writings, Texas Straight Talk | Tagged Debt Limit, Deficit, Fiat Money, Paul Krugman |
By RonPaul.com on September 4, 2012
by Ron Paul We frequently hear the financial press refer to the U.S. dollar as the “world’s reserve currency,” implying that our dollar will always retain its value in an ever shifting world economy. But this is a dangerous and mistaken assumption. Since August 15, 1971, when President Nixon closed the gold window and refused [...]
Posted in Monetary Policy, Ron Paul's Writings, Texas Straight Talk | Tagged Dollar, Fiat Money, Gold |
By RonPaul.com on July 9, 2012
by Ron Paul Last week my subcommittee held a hearing on fractional reserve banking and the moral hazard created by government (taxpayer) insured deposits. Fractional reserve banking is the practice by which banks accept deposits but only keep a fraction of those deposits on hand at any time. In practice, nearly 100% of deposits are [...]
Posted in Federal Reserve, Ron Paul's Writings, Texas Straight Talk | Tagged Fiat Money, Fractional Reserve Banking, Free Market |
By RonPaul.com on February 29, 2012
Transcript Chairman: At this time, Mr. Paul is recognized for three minutes; your thorn in the flesh. Ron Paul: Thank you, Mr. Chairman, and welcome, Chairman Bernanke. You know, I guess over the past 30 or 40 years, I have criticized the Fed on occasion, but the Congress deserves some criticism, too. The Federal Reserve [...]
Posted in Monetary Policy, Ron Paul in Congress | Tagged Fiat Money, Financial Services Committee, Inflation |
By RonPaul.com on September 26, 2011
Transcript This is a rush transcript. If you notice any errors please report them using the “Help improve this post” link at the bottom of this post. Judge Napolitano: Tonight, on The Docket, leadership and what Americans really want from the government. A new Gallup poll finds overwhelming dissatisfaction with the federal government. 81% say [...]
Posted in Ron Paul's Interviews | Tagged Debate, Debt, Fiat Money, Military |
By RonPaul.com on August 30, 2011
Transcript This is a rush transcript. If you notice any errors please report them using the “Help improve this post” link at the bottom of this post. Larry Kudlow: Joining us now is Texas Republican congressman, presidential hopeful, Ron Paul. Congressman Paul, as always, welcome back. Ron Paul: Thank you. Larry Kudlow: This gold rush [...]
Posted in Ron Paul's Interviews | Tagged Bubble, FEMA, Fiat Money, Gold, Kudlow |
By RonPaul.com on August 12, 2011
Transcript This is a rush transcript. Can you help us out and proofread the transcript while you watch the video? Go to our writeboard (password: constitution). Then click the “Edit this page” button to make changes. We check all writeboards daily and will update this post with your proofread transcript ASAP. Thanks! Ron Paul: Thank [...]
Posted in Ron Paul's Speeches | Tagged Constitution, Des Moines Register, Fiat Money, Inflation, Iowa, Liberty, Printing Press |