Exclusive Conversation With Ron Paul: The Future Of The Federal Reserve

Good Grief is either bias, ignorance or missing the whole discussion!

"This bubble has been going on since 1971 when the dollar became fiat and we had international reserve currency without backing." Yes, thanks to Mr. Nixon for removing gold-backed currency.

“And you want MORE proof that this man is completely insane?” bias comment w/no logic.

“But this lunatic wants to peg the money supply to a commodity value again, so we can relive the 70s and 80s.” ignorance.

Aren't you people Republicans? bias...

Don't you believe in the creation of wealth? ignorance

“Yet you don't want the money supply to grow in proportion to the wealth that's created.” ignorance

“What a bunch of utter loonies? Bias, ignorance and all of the above.

A dollar, with something to back it and the market said yes, it is worth a dollar.

If I have money paper and ink to print, instead of $1.00 I printed $100.00 is it really worth $100.00 to the market?

If I owned this printing press regardless of the market and print 24/7. Do you know what would happen? Yes. Your dollar is now worth 5 pennies since 1913! Thanks to the FED.

It’s the basic economy, stupid!

Honest Money is hard assets adn Not Papers! of CA @ Jun 26, 2009 00:17:24 AM

Good Grief

"This bubble has been going on since 1971 when the dollar became fiat and we had international reserve currency without backing."

And you want MORE proof that this man is completely insane? In 1968 Bretton-Woods inevitably began to crumble because gold had been artificially held to a value of $35/oz for several decades even though any idiot knew its commodity value had grown to many times that. DeGaulle simply said "Ok, here are my dollars, give me my gold at $35/oz" and the whole ridiculous house of cards came tumbling down, causing the stagflation of the 1970s. But this lunatic wants to peg the money supply to a commodity value again, so we can relive the 70s and 80s.

Aren't you people Republicans? Don't you believe in the creation of wealth? Yet you don't want the money supply to grow in proportion to the wealth that's created. What a bunch of utter loonies!

Jeff Whittington of CA @ Jun 25, 2009 23:35:58 PM

end the Fed!

The Federal Reserve Bank _is_ the biggest systemic risk in the world; it has created inflation for decades, and has been the root cause of numerous bubbles and the busts subsequent to them. We need sound, honest money, based on something tangible - such as gold - not upon debt. Anyone should be able to walk into any bank with paper bills and walk out with a predetermined amount of gold, at any time. This convertibility would keep the currency stable, and do more lasting good for the economy than any amount of tinkering with faith-based fiat currency, with far less downside.

terrymac of CA @ Jun 25, 2009 23:29:12 PM

why Obama/McCain/Palin... not agreeing w. audit fed

Simple. RonPaul collected $40million in small individuals donations.

The major candidates collected Billions, i.e. big companys donating millions (as a long list of doner names) and politicians want to vote to pay this back. Even McCain who said he'd be a lobbyists worst nightmare, traveled w. lobist/advistors. The rich get richer. Citibank rewarded for greed/losses, and they give them selves a 50% raise, with has lower taxes then if they took a bonus.

Ron Paul is for the truth and people, much of the rest of the system is a well oiled lobby machine.

Rover of PA @ Jun 25, 2009 23:19:30 PM

Shine the Light

Great Article. However I expect your knuckles with soon be rapped by your publisher. You, after all, ventured off into the abyss of shining light on a sacred (though derelict) institution.

Thanks for the sunlight!

Skip Cook

Skip Cook of AR @ Jun 25, 2009 23:09:25 PM

Interview with Ron Paul

To US News.

Thank You for this intelligent and thoughtful interview with Congressman Paul. You outdid yourself, especially when one considers that most of the time the "mainstream media", conservative as well as liberal, displays ignorance and arrogance about monetary policy--an immensely important topic which they as a rule know almost nothing about--which borders on the unbelievable!

The Federal Reserve, and its activities MUST be held to public accoutability. Monetary reform is essential and we might have waited too long already!!

PEACE AND FREEDOM

David K. Meller

David K. Meller of NY @ Jun 25, 2009 21:38:22 PM

AIG shell corporation

AIG was a shell corporation patsy. They were the scape goat used to funnel tens of billions of dollars to Goldman Sachs and JP Morgan. None of these MSM outlets will talk about that. The Fed is run by a oligarchy of rich/politically connected thieves. Even if the keynsians and their ridiculous theories about expansion of the money supply being the wonder drug for economies is correct, they are still horribly wrong/naive to believe that the golden ring power that the Fed possesses is to be used to help the little people. It is laughable, yet we are supposed to believe that the same people who are willing to torture random goat herders in Afghanistan are loving and protective of us taxpayers.

The elite look on us with disdain and disgust. They hope we die so that they have more room to ride around on horses and their views are not loused up. They view us in a Malthusian way as being competitors for THEIR resources.

Economic collapse is merely a opportunity for tehse types of peopel to convince us to hand over more of our property/human rights to them.

Gabe Harris of MA @ Jun 25, 2009 16:40:50 PM

HR 1207

To all who support HR 1207 and do want to know what the Fed is doing, yet you say you disagree with Ron Paul on so many issues I have one question.

Why do you think it is that the media/senate/Obama/McCain/Palin are not also standing up and agreeing with teh simple valid points that Ron Paul is making? Why do you think that instead they are supporting secretive backroom money laundering practices?

seriously why?

Gabe Harris of MA @ Jun 25, 2009 16:31:45 PM