Ron Paul on CNBC: End The Fed & Consider Outlawing Fractional Reserve Banking - 11/13/2009
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All Comments (58)
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I wonder if the other candidates would know whats goin on here in this interview?
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@wearelegion3258 If we had the free market working we would not use paper money that is manipulated and lets the rich get richer and the poor get poorer. We would have constitutional money
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There is no evidence that capitalism exists today. We are deeply involved in an interventionist-planned economy that allows major benefits to accrue to the politically connected of both political parties. One may condemn the fraud and the current system, but it must be called by its proper names — Keynesian inflationism, interventionism, and corporatism. RON PAUL, speech, U.S. House of Representatives, Jul. 9, 2002
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yeah, I'm down to end the fed. but open it up to the free market? hardly. that "free market" is whats imprisoning our population, destroying our planet & killing in the name of.
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Deposit insurance will cause hyperonflation because under a bank run it will require the FDIC to call up the fed to print more money. Of course the fed will already be on it. Then the people have huge inflation and deposit all the money again. Within days we will have hyperinflation when prices catch up
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If we end central banking fractional reserve lending will end. It doesn't work with private banks because they have no one to bail them out when they declare bankruptcy when someone deposits a check at another bank and the second bank cannot get the real assets transferred (because they never exist)
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@lestliness You may disagree or misunderstand other areas, but he is not 'absurd'. That charge is what is absurd.
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Please let's help get him elected - go online and change your party affiliation to REPUB today ! Therea re 18 states that are closed/semi closed primary states -if you are a DEM (and I know many of his supporters are) you will NOT be able to vte RP in the CRITICAL primary which secures the nomination( or not) -that's not the case in open primary states or in the Nov. election but don't take a chance on a "loophole"-please change to Repub today & pass it on.
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@JimGraham1973 Even if they do, they will find some way to make sure he doesn't win. Actually the whole system of delegates and super delegates was added to skew elections regardless of the popular vote.
Why will America not vote this man our President??
JimGraham1973 2 years ago 33
Ron Pauls official website
campaignforliberty
Join the fight!!!
EndTheFedRes 2 years ago 22