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Ron Paul Liberty Report

A Road Map To Ending The Fed

Ron Paul Liberty Report

Ron Paul Liberty Report

News

4.9 β€’ 2.2K Ratings

πŸ—“οΈ 16 December 2024

⏱️ 24 minutes

🧾️ Download transcript

Summary

"How do you End The Fed?” is a common question. Since the government created the Fed by signing the Federal Reserve Act in 1913 (yes, The Fed is a government-created monopoly) then the simple answer is for Congress to repeal that Act. But alas, it is not so simple in practice. The Fed has been our albatross for over 100 years and it has entrenched itself into our economic lives. Steps can definitely be taken, however, to free ourselves from this immoral and unconstitutional monopoly. Over time, as has happened with Americans freeing themselves from the mainstream media, it can be done.

Transcript

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0:00.0

Hello, everybody, and thank you for tuning into the Liberty Report. With us today, we have Chris

0:05.9

Rosini, our co-host. Chris, welcome to the program. Great to be with you, Dr. Paul.

0:12.1

Very good. We're going to talk about the Fed. We were talking about the Fed before. Once in a while,

0:18.4

we consider something I've been thinking about for a long time.

0:22.6

Matter of fact, one of the charts I put up recently on the Internet, which Daniel helped me find,

0:28.6

dated it from August, August 15th, 1971, showing the explosion in the money supply and prices in the money supply.

0:39.2

And I thought, well, that is so appropriate because in 1971, I remember the moment Nixon

0:44.9

gave that speech.

0:46.2

And I said, this is a big deal.

0:48.2

And the big deal rolls on.

0:50.3

And now the big deal will be, is Musk going to call this stuff to a halt.

0:56.6

Will he be able to, along with Trump's ideas on government and politics and Federal Reserve?

1:04.6

Are they able to halt this craziness into spending?

1:08.5

They're very, very sincere.

1:10.0

They're very, very smart. They're very, very smart. They're very, very

1:12.5

rich. But tell you what, it's not a done deal is the problem. I encourage it. I want to do it.

1:21.5

And I, you know, practiced what I preach because, you know, I wanted somebody to add up someday. I was in

1:30.2

Congress for a couple years, you know, and I voted against every budget. I wonder how many

1:34.7

dollars of spending that I voted against. So my record is clear, and that's why occasionally

1:42.2

they ask but how to how to do it.

1:45.0

And you know, it isn't easy because we're at a point where special interest runs the show.

1:51.0

And we have pure democracy, 51% get together and they demand it.

...

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