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Ron Paul Liberty Report

Beware Of These 4 Most Dangerous Fed Fallacies

Ron Paul Liberty Report

Ron Paul Liberty Report

News

4.92.3K Ratings

🗓️ 4 February 2022

⏱️ 27 minutes

🧾️ Download transcript

Summary

While the Fed, and all of its cheerleaders engender false confidence from the public, they also have false confidence in themselves. That which they believe they can control, they ultimately cannot. Manipulating interest rates and counterfeiting dollars may seem to create short-term benefits, but always at the cost of long-term economic ruin. The long-term always arrives, and always when it's least expected by the "experts."

Transcript

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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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