The Arbitrary Nature of The Tariff Regime
Ron Paul Liberty Report
Ron Paul Liberty Report
4.9 • 2.3K Ratings
🗓️ 28 March 2025
⏱️ 23 minutes
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| 0:00.0 | Hello, everybody. Ed. Thank you for tuning into the Liberty Report. With us today, we have Chris |
| 0:05.6 | Rosini, our co-host. Chris, welcome to the program. Happy Friday, Dr. Paul. Great to be with. |
| 0:11.6 | Very good. This is an interesting day. At least there's some things out there that are exciting the |
| 0:16.7 | markets. You know, I think when I first looked at the tv this morning to see the first a price of |
| 0:22.9 | gold because there was a future price it just happened it turned out it was like 40 dollars going |
| 0:28.8 | up and uh even even though there's nothing that i didn't expect but when i see it i'm still shocked |
| 0:36.5 | you know because when we started watching |
| 0:39.5 | gold prices, gold was, you know, theoretically $35, but then it would go up to $38, $39, a dollar |
| 0:48.6 | here and a dollar there. |
| 0:50.2 | But now, now it can go up $50 in a day, and it's not that big a deal. |
| 0:56.4 | I think it is a big deal, but people sort of blink and they go along with it. |
| 1:02.4 | You know, but today, one of the reasons why gold jumped up, there was a report on the Federal Reserve's favorite price control gadget information as the core PC |
| 1:14.9 | expenditures. It's a different way of using the CPI. And they use this and it was up a little |
| 1:22.8 | more than they thought, which means inflation is still there. And that leads to trouble. And this is one of the |
| 1:30.9 | reasons things pop up like this, although the theory and the philosophy of inflation and the future |
| 1:37.0 | of the dollar was well known, probably years and years decades ago, I became aware of it by reading Austrian economics |
| 1:46.5 | in the 1960s and there were a group of popular editorialists and journalists that would talk about, |
| 1:57.0 | you know, what it was coming, the breakdowns of the Bretton Woods and gold soaring and all these |
| 2:02.4 | things. So it's, it's been around, but it's still, it's still, you know, something that people |
| 2:09.0 | have to deal with, but I don't think the, the understanding of how serious it is yet known. |
| 2:15.2 | But it certainly is because everybody's going to suffer from it. |
| 2:18.9 | You know, Bricks is busy thinking, what are they going to do to replace the dollar? |
... |
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