Archive for Inflation
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You are browsing the archives of Inflation.
Ron Paul is interviewed on CNN American Morning and explains that “The best regulation is through the free market and to blame the free market for this calamity is an [...] intellectual error that has to be changed.”
Source: CNN American Morning
Date: 1/27/2009
Transcript:
Kirin Chetry: Timothy Geithner has his work cut out for him, certainly more [...]
In this speech to Congress, Ron Paul outlines the path to recovery: Liquidation of bad debt, a new work ethic, a sound currency, and a free society.
Audience: U.S. House
Channel: C-SPAN
Date: 1/21/2009
Ron Paul: “Mr. Speaker, it’s been said and all too often ignored: if you live beyond your means you will be forced to live beneath [...]
In the first of a series of videos that will take us on a tour around Ron Paul’s Congressional office, the Congressman explains the dangers of hyperinflation and warns that it might eventually lead us towards totalitarianism and destruction.
Ron Paul: “This is a visual demonstration of what can happen with runaway inflation. It’s entitled ‘German [...]
The idea for “preventive war” is spreading
We should be on neither side; that conflict has been going on for a long time
Even though Israel invades Gaza, we – the US – will be blamed for this
Palestinians are confined to a “concentration camp” and are no match for Israel
The Middle East is a powder keg
We’re involved [...]
By engaging in bailout after bailout, government bureaucrats subsidize failed but well-connected losers by effectively confiscating the necessary resources from productive and successful members of the economy. Ron Paul explains why such bailouts are a bad idea and why we should allow the natural incentives and regulations of the free market to pick the winners [...]
by Ron Paul
In the midst of highly unpopular bailouts of Wall Street, many justifications have been given about why Washington feels the need to act. Some claim that capitalism and the free market are to blame, but we have not had capitalism. If you compare our financial capital to our aggregate debt, this would be [...]
Ron Paul was interviewed on CNN’s American Morning today.
Kiran Chetry: The last time you were with us you explained why you were against the government’s bailout plan, why you were voting against it, and you didn’t believe focusing on buying these troubled assets was the smart thing to do. Now since then, they’ve tweaked it [...]
by Ron Paul
Last week I discussed how sound money contributes to peaceful relationships around the world. It is not gold, in and of itself that excites me, but the many benefits of sound money. Another benefit is financial security.
Can sound money give you financial security? There is something very comforting in knowing that what you [...]
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 [...]
Ron 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 situation. [...]
Who is in charge of the dollar? The Federal Reserve says it’s the Treasury Department and the Treasury Department says it’s the Federal Reserve. Watch Ron Paul try to get a response from Treasury Secretary Henry Paulson.
Later, Ron Paul recorded the following comments:
In a passionate appeal to Congress Ron Paul unmasked the real causes of rising energy prices: inflation, and fear about a possible attack on Iran by Israel and/or the US. He went on to criticize Israel’s massive war propaganda effort which is based on what may well turn out to be lies, and warned against [...]