The Bizarre Art of Central Banking

Ron Paul teaches Ben Bernanke a lesson on Austrian free-market economics, but the Chairman is not listening. Instead, he tries to defend his actions by asserting that “central banking is an art” that requires guesswork. Location: House Financial Service Committee …

Continue reading

Regulations Won’t Help as Long as There’s a “Lender of Last Resort”

Ron Paul attacks the Federal Reserve’s price fixing activities in his opening statement at the House Financial Services Committee hearing on bank supervision and monetary policy. Location: House Financial Service Committee Date: 03/17/2010 Transcript Ron Paul: This is an important …

Continue reading

Allow The Free Market To Set Interest Rates – Not The Fed, Not Congress

In his latest appearance on CNBC, Ron Paul explains to “In Fed We Trust” author and Bernanke apologist David Wessel why we should end the Federal Reserve’s power to set interest rates and engage in central economic planning. Wessel concedes …

Continue reading