Beware Of These 4 Most Dangerous Fed Fallacies
Ron Paul Liberty Report
Ron Paul Liberty Report
4.9 • 2.3K Ratings
🗓️ 4 February 2022
⏱️ 27 minutes
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| 0:00.0 | Hello everybody and thank you for tuning in to the Liberty Report. |
| 0:04.9 | With us today as Chris Rosini, our co-host Chris, welcome to the program. |
| 0:09.7 | Great to be with you, Dr. Paul. |
| 0:11.6 | Good. There were a lot of announcements this morning before our program and |
| 0:16.4 | the markets are digesting it because it was an announcement on unemployment and |
| 0:22.2 | unemployment rates went, you know, way down, but fantastic. |
| 0:26.8 | Many, many jobs created more than anybody expected and it sounded like great news, |
| 0:33.8 | but this indicates how the reaction is on Wall Street, depending on dealing with what |
| 0:39.0 | will the Fed do about it? |
| 0:40.6 | You know, in an ordinary sense that if you were in a free market or you had a sensible |
| 0:45.6 | Fed that knew something, you'd say, Oh, there's a lot of employment. |
| 0:49.7 | This is very good to market. |
| 0:50.9 | It should soar. |
| 0:52.0 | But exactly the opposite happened. |
| 0:53.9 | Who knows? |
| 0:54.5 | They may be back up already. |
| 0:55.7 | But the initial reaction was for the market to go right down because the market players, |
| 1:01.4 | the people who want to jump on every bit of information, they said, Oh, you know, |
| 1:05.8 | the market's doing better. |
| 1:07.0 | This is good news. |
| 1:09.0 | So that means, let's see, what does that mean for the Fed? |
| 1:11.8 | Oh, the Fed will have license now to inflate because they are a little worried about |
... |
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