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Ron Paul Liberty Report

Inflation Nightmare & The Fed's 2% CPI Pipe Dream

Ron Paul Liberty Report

Ron Paul Liberty Report

News

4.92.3K Ratings

🗓️ 24 June 2022

⏱️ 29 minutes

🧾️ Download transcript

Summary

The posturing that inflation is such a "surprise" is typical, but shameful nevertheless. No one should be surprised that prices are skyrocketing after the government spent many trillions that it doesn't have. Further, it was only able to spend those trillions because the Fed counterfeited the money out-of-thin-air. Today's economic suffering could not be more predictable.

Transcript

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0:00.0

Hello everybody and thank you for tuning into the Liberty Report.

0:04.8

With us today is Chris Rosini, our co-host, Chris.

0:08.2

Welcome to the program.

0:09.9

It's great to be with you, Dr. Paul.

0:11.4

Very good.

0:12.4

And you know, lots of things are going on today.

0:15.5

Supreme Court is staying busy all week and they're going to be busy.

0:19.4

The American people are still struggling to get along and rightfully so, but our job

0:25.2

is to help sort some of this out.

0:27.3

It's not always that easy.

0:29.9

I was looking at some of the news today and it's very interesting and fascinating, but

0:36.4

it's also very, very dangerous.

0:38.6

We have a foreign policy which is interventionist and it's caused for a lot of harm, injury and

0:44.7

financial problems and it contributes significantly to the bankruptcy.

0:50.5

And we talk about it all the time during the week and weekends, whatever we can because

0:56.2

we consider the financing of war through the inflationary machine at the Federal Reserve

1:01.5

is one of the worst parts of the system that we have and one of the reasons why the founders

1:07.3

with their bad experience with inflation before they wrote the Constitution, they'd like

1:11.8

to have prevented that from us doing this, but that didn't work out and the inflation

1:17.0

machine is really working.

1:18.8

So we have a lot of aggressive attitudes with people and lately we protect our empires.

1:26.0

And by being interventionist we throw our weight around, we have the reserve currency

...

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