Congressman Ron Paul on Monetary Policy hearing

Congressman Ron Paul statement following the Financial Services Committee hearing on the state of the economy with Fed Chairman Ben Bernanke

Category:

News & Politics

Tags:

• Ron Paul
• Financial Services Committee
• Monetary policy

[PureFaux]

We all greatly benefit from the education Dr. Paul provides and from voices like his. Please people... educate yourself... the more you know, the more you will REALIZE what is truly happening.

Excellent Job Dr. Paul!

Please keep up the wonderful work!

[SATANSbankers]

The Constitution never said we should have a Federal Reserve, or any other Private, Central Bank, in control of our Money.

[toknow07]

this Ron Paul is CRAZY

[arthurwmacalpine]

If we didn't have a private Federal Reserve we would have a Nationalized Central Bank run by loons like Barney Frank, Bernie Sanders, and the like. You gotta love Ron Paul and his message, but in a world with dumb liberals in Congress, the Fed is the lesser of two evils :/

[arthurwmacalpine]

If we didn't have a private Federal Reserve we would have a Nationalized Central Bank run by loons like Barney Frank, Bernie Sanders, and the like. You gotta love Ron Paul and his message, but in a world with dumb liberals in Congress, the Fed is the lesser of two evils :/

[seekanddestroy09]

what is 8 mill in a country that nears 2 trill in debt? that 8 mill possibly would yield a profit eventually . shrimp is costly. ron probably has friends in that industry if you what i mean

[UnsavoryMen]

The Congressman Ron Paul who wants govt to get out everything and do nothing is the same guy who requested 8 million $ in govt money in FY 2007 for wild shrimp marketing.

Where in the US Constitution does it say govt should get involved in marketing shrimp ?

[vryheid88]

Theoretically yes, if the money supply stays constant, or only grow very gradually, but in practise it does not work this way. You need a commodity standard as a restriction. Mind you: the M3 has not only increased fast the past year or so, it has increased SUPERfast.

[jlott00]

support

[EricRamirezRodriguez]

In fact, it's not necessary to have a standard, whenever the quantity of currency doesn't increase fast.

[ComeClarity999]

It doesn't matter what metals you choose as the standard, as long as you stick with it. The quantity of money makes no difference. There's plenty of gold and silver for a gold/silver standard. All it means is that a dollar won't be worth 1/35 ounce anymore. It'd be more like 1/2000 ounce or something like that.