meta_pixel
Tapesearch Logo
Log in
Ron Paul Liberty Report

Fed Monetary Policy Is No Substitute For Monetary Reform

Ron Paul Liberty Report

Ron Paul Liberty Report

News

4.92.3K Ratings

🗓️ 17 December 2021

⏱️ 25 minutes

🧾️ Download transcript

Summary

It turns out inflation is not "transitory" after all. It's much worse! But should anyone be surprised, considering the Fed has created more new dollars than at any other time in history? The Fed is yet another example of the "failure of the experts." America was meant to be a land of individual liberty, not a land of ruling "experts." The economic problem can be fixed with sound money and free markets.

Transcript

Click on a timestamp to play from that location

0:00.0

Hello everybody and thank you for tuning into the Liberty Report with us today as Chris Rosini our co-host Chris

0:07.0

Good to have you with us great to be with you doctor Paul good and guess what I'd like to talk about the

0:13.3

Federal Reserve printing money bankruptcy coming difficulties in the market

0:18.7

But everything is okay because unemployment rates are low so they've the the planners a well

0:25.6

That's a good sign so we can bank on low unemployment rate and therefore we can raise

0:33.1

interest rates a little bit after a lot of pressure from other people to raise interest rates and deal with

0:38.1

Deal with the inflation but the one reason why bring a subject up of the unemployment rate is it is low

0:46.1

But is it a market indicator?

0:48.5

Is it really because we have a healthy economy or I would suggest it could it be because in the last year and a half or

0:55.1

Even more and even traditionally people who are in threat of unemployment or unemployed they get a lot of subsidies

1:04.1

So you know from the government so and then people drop out of the workforce

1:08.3

So it the low unemployment number

1:11.1

I don't think people should bank on it and see this as the one sign that we can hold our hat on because most of them were more worried and are

1:18.5

Recognizing that prices are going up, but this is a this is something that have to be concerned about the

1:25.5

The other reason why

1:27.5

unemployment might be low is that what people we hear the stories the

1:35.4

The complications coming from COVID and you know and they're not wanting to work under all these rules and regulation

1:42.7

That's part of it

1:44.0

But the confusion in the marketplace is such where people who

1:48.1

Whose income has been going down? I said what do you mean everybody minimum wages up? Everybody's getting more money

1:53.5

Yes, but not not real wealth they're getting more more dollars and

1:58.5

They may be taking this opportunity because there's confusion in jobs are shifting some jobs are you know staying out of

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Ron Paul Liberty Report, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Ron Paul Liberty Report and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.