Of course I’ve already taken a very modest position on the monetary system, I do take the position that we should just end the Fed.
Ron Paul
Monetary
The sad thing is,
The sad thing is, our foreign policy WILL change eventually, as Rome’s did, when all budgetary and monetary tricks to fund it are exhausted.
Ron Paul
We are talking about
We are talking about an awesome power. It is the power to weave illusions that appear real as long as they last. That is the very core of the Fed’s power. Of course not everyone is instinctively against this illusion-weaving power, and many even welcome it. Tragically, the innocent who understand little about the complexity of the monetary system suffer the most, while those who are in the know reap great profit whether the market is going up or down.
Ron Paul
What’s happening is there’s
What’s happening is there’s transfer of wealth from the poor and the middle class to the wealthy. This comes about because of the monetary system that we have. When you inflate a currency or destroy a currency, the middle class gets wiped out, so the people who get to use the money first, which is created by the Federal Reserve System, benefit, so the money gravitates to the banks and to Wall Street. That’s why you have more billionaires than ever before.
Ron Paul
During the last campaign
During the last campaign I knew what was happening. You know, they mocked me for my foreign policy and they laughed at my monetary policy. No more. No more.
Ron Paul