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

With us today is Chris Rosini, our co-host Chris. Welcome to the program.

Happy Friday Dr. Paul.

Very good. You have to be with you again and it's good to be with our viewers.

And once again we will be talking about subject we frequently talk about and that is the

Federal Reserve and big government and all the nonsense they participated.

But we are going to talk a little bit more specifically about how significant the

student loan business is because a lot of debt there is not going to get paid and we will

discuss that a little bit. But this week has been very exciting. The Fed made some reports

and stirred up the markets and in a way a month or two ago if anybody would say that the

Fed would raise interest rates in one day more than they had in 50 years and it would make

the stock market skyrocket. And even gold came alive again so it was a busy week but you know

what goes up quickly may go down quickly too. So this is a new week and a new time to look at it

but I tell you what I've been looking at for a long time because the fact that it was the gold price

and the gold connection that got me involved in politics remember in very clearly August 15, 1971

when the last connection of the dollar to gold was severed and dollar and gold was at that time

$35 an ounce and a lot has happened since then and it's still happening and I think if this

is exciting and interesting there's going to be a lot of excitement and a lot of interest

unfortunately there's going to be a lot of people suffer and I frequently say you know get a

call and still I get them I've had them over the years you know what do you do how do you invest

and where do you go to buy and what's the best thing to do one thing for sure is timing is tough

and you know what one person does or what I do is not necessarily the thing that everybody else

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