Ron Paul draws attention to reason for inflation housing bubble

http://www.911oz.com/vbulletin/ Ron Paul going full tilt !! He is drawing attention to what, Thomas Jefferson, has been attributed with saying, "I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." We now see this happening. The U.S. Federal Reserve, controls the U.S. money supply. This is damaging to the entire world, as the greenback is the World's reserve currency, making us all vulnerable. Oil, gold etc. is traded in U.S. dollars, the more there are in existence, the less they are worth, hence, the more we have to pay for things i.e. INFLATION. That includes us here in Australia as well.

Category:

News & Politics

Tags:

• Ron
• Paul
• attention
• reason
• inflation
• housing
• bubble
• federal
• reserve

[lazermercury]

What day did this air?? O.o?? Thank you for posting this ^-^.