Hello, everybody, and thank you for tuning it to the Liberty Report.

With us today, we have Chris Rosini, our co-host.

Chris, welcome to the program.

Great to be with you, Dr. Paul.

Very good.

In a few minutes, we're going to start on our main part of our program because we have an interesting tidbit and a little conversation about somebody running for vice president.

That's on J.D. Vance, who has given us a little hint as to what he might believe in the issue of the Federal Reserve.

But we know a lot about the Federal Reserve, at least we pretend to.

And the Federal Reserve has been around a long time. We know they print a lot of money.

We know they're the source of the inflation.

It's not price-gouging.

It's not wages that gives us these prices going up.

It's the fact that there's too much debt, too many special interests, too much socialism,

welfareism, warism, all these things. And it's a convenient thing that the politicians who vote for

the spending or spending behind the scenes and they don't tell us. And that is because they can pay

for it through the Federal Reserve. They just print the money.

And it's hard for people to understand this because when an individual goes to the grocery

store and the prices are up, you know, they say, no, I don't have enough money to pay the

bill.

I need more money.

Of course, that's a fallacy because it's too much money floating around.

Too much inflation of the money. Too much depreciation of the money. And people are worried about it

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