Added: Jun 25, 2008
From: minnesotachris
Duration: 4:58
Congressman Ron Paul comments on the Federal Reserve's decision to maintain interest rates and raises concerns about inflation on June 25, 2008. Help "Ron Paul Jr." BJ Lawson become Dr. Paul's friend in Congress! A moneybomb is coming up on September 17: http://LawsonLibertyFund.com http://LawsonForCongress.com
Channel: News
Tags: 2008 25 barr campaign election fed federal inflation june liberty mccain monetary obama paul policy politics reserve ron
Rating: 4.92 (946 ratings) Views: 44987' favoriteCount='496 Comments: 25
Vercingetorix1313 Says:
Oct 20, 2008 - Your grainy video of Milton Friedman's analysis does not convince me of your proposition that Dr. Paul is insane or that you are not insane. I especially like how the status quo douchebag chuckles after stating that 'the purpose of the Fd Res was to solve the problem of bank runs because, the money doesnt exist in sufficient amounts if everyone wants chips back'
0lord0kinbote0 Says:
Oct 22, 2008 - "Ron Paul says we should allow our financial system to collapse because it is *allowing the market adjust.* That is insane." Uh oh, you're going to make some loyalists very neurotic.
RonPaulisInsane Says:
Oct 22, 2008 - We had financial panics and depressions in 1837, 1857, 1873, 1890, and 1907 while on the Gold Standard. This was before the fed was even created. This will make Ron Paul loyalists really neurotic.
nalcow Says:
Oct 22, 2008 - yes that may insane.. but it will more insane when the dollar colapses. Debt monetization will only hurt more in the long term.
nalcow Says:
Oct 22, 2008 - One thing is to regulate the markets for which Ron Paul is not against to and other different thing is to intervene the markets as the fed has been doing lately. Oversight is needed, what he is opposed to and I think you and I agree about is that unlike what is happening right now, the Federal Reserve must not modify the course of the markets, lowing interest rates or promoting financial firms to create bubbles that at the end what is causing this circus..
Vercingetorix1313 Says:
Oct 22, 2008 - Instead of playing the copy and paste game: All of these "panics" 1837, 1857, 1873, 1890, and 1907 COMBINED do not equal the financial devastation of 1929 with the 'helping' hand of the fed and the derailing from the gold standard well underway...those were the days when our leaders told (ordered the citizens) us to exchange our gold for paper. Now we have GD#2 and hold onto your seats because this ones going into the History Books! Anyways...back to the nitty gritty gold is the future!!!
RonPaulisInsane Says:
Oct 23, 2008 - the dollar will collapse if we let our financial institutions massively collapse.
RonPaulisInsane Says:
Oct 23, 2008 - My site features Milton Friedman's analysis of the Great Depression. The Federal Reserve tightened the money supply in the middle of a horrible bank panic because it was trying to keep us on the gold standard. The gold standard was a disaster in the 19th AND 20th centuries.
Vercingetorix1313 Says:
Oct 23, 2008 - ...I have already responded to your posting about Milton Friedman... wtf man? are you talking about the ''fed's depression happened because they tried to keep us 'on' the gold standard?'' You need to research more; Because the Fed's #1 purpose has been to remove the Au+ standard! The great depression happened because Congress agreed to hand over Americas Money system to a private bank. Frankly this is the end of the story!
RonPaulisInsane Says:
Oct 23, 2008 - The fed tightened the money supply at the start of the depression to keep us on the gold standard. The gold standard then transmitted the depression to Britain. Please watch my Milton Friedman videos closely. By the way, we had financial panics in 1837, 1857, 1873, 1890, and 1907 while on the gold standard and BEFORE the federal reserve even existed. It was an active central bank and FDIC insurance that prevented this for 70 years after the Great Depression.
camarozr1 Says:
Oct 26, 2008 - We also had several forms of national banks and tried to fix a price to gold in that time frame. It was not a true gold standard it was a government controlled market and history has shown time and time again that it always fails.
RonPaulisInsane Says:
Oct 26, 2008 - camarozr1, Thanks for recognizing that a system that uses dollars backed by gold breaks down because it is based on an arbitrary fixed exchange rate. Where are you going to find the gold to make coins for 500 million Americans and Europeans?
user197a Says:
Oct 27, 2008 - god bless you, Ron Paul.
jdizzleforizzle21 Says:
Nov 2, 2008 - love this man.
Aequitas7x Says:
Nov 3, 2008 - Love Ron Paul.
misslolo27 Says:
Nov 3, 2008 - I love you Ron Paul!!!
fhusain Says:
Nov 9, 2008 - I LOVE YOU MR.PAUL
Zimmerman79 Says:
Nov 11, 2008 - He is the MAN
holycrap71t Says:
Nov 15, 2008 - He is nuts.
spiritswitchboard Says:
Nov 21, 2008 - You are a sheep
knab69 Says:
Nov 24, 2008 - No holycrap, you think you're NOT nuts because you have about 200 million people out there who are too dumb to know what's up like you. Being sane is not based on consensus, it's based on knowing reality.
sanddocon Says:
Dec 2, 2008 - LONG LIVE RON PAUL!!!!
marcboskan Says:
Dec 3, 2008 - YOU ROCK!!!!!!!!
GunDream Says:
Dec 3, 2008 - One of the few Republicans I like. I voted for Obama, but if he was running against Obama, I would have voted for Paul. He's had to balls to talk about a lot of issues no other politicians dare to touch.
RonPaulisInsane Says:
Oct 18, 2008 - That's why I said he makes Hoover look like God. My site features Milton Friedman's analysis of the depression. Hoover wasn't able to stop the bank panics. As a result, our economy contracted by over 1/4 from 1929 to 1933. FDR did what it took to stop them and our economy stopped contracting.