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Inflation
Peace & Prosperity or War & Inflation?
21 ResponsesIn 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 [...]
Ron Paul: How The Fed Creates Inflation
3 ResponsesCongressman Ron Paul comments on the Federal Reserve’s decision to maintain interest rates and raises concerns about inflation on June 25, 2008. »crosslinked«
Iraq or the Economy?
73 Responsesby Ron Paul What is the importance of the war in Iraq relative to other current issues? This is a question I am often asked, especially as Americans continue to become increasingly aware that something is very wrong with the economy. The difficulty with the way the question is often asked relates to the perception [...]
Rising Energy Prices and the Falling Dollar
2 Responsesby Ron Paul Oil prices are on the minds of many Americans as gas hits $4 a gallon, and continues to surge. How high can prices go? How can we solve these problems? What, or who, is to blame? Part of the answer lies in understanding bubbles and monetary inflation, but especially the Federal Reserve [...]
Why Social Security Doesn’t Work
137 ResponsesHow will history judge Social Security in America? I predict Social Security will be viewed as a “program that helped many older Americans offset the high cost of living, provided important supplemental income for many Americans, and generally was a success”. And that can’t be further from the truth. In reality, Social Security is… Morally [...]
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 [...]
On Money, Inflation and Government
Leave a responseby Ron Paul These past few weeks have provided an unfortunate opportunity to discuss inflation. The dollar index has reached new all-time lows. The total money supply, M3, as calculated by private sources, is growing at a disturbing 17% rate. The Fed is pumping dollars into the economy at an alarming rate. Just recently the [...]
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 [...]
