The spirit of this revolution is not going away.

This is the Ron Paul Liberty Report with Ron Paul, Daniel McAdams, and Chris Rossini.

We're all ambassadors of the Ron Paul Doctrine, and it's of simple. Just tell the truth.

An idea who his time has come cannot stop by any army or any government.

With us today, Chris Ros rosini our co-hosts

chris welcome to the program great to be with you dr paul very good we're going to talk about

bubbles but you know when as i sit here and think about it uh we've talked about this because

it's such a characteristic thing that occurs when

you have fiat money and we do itemize them because some prices go up faster the other in some

place that means there's distortions in different places but in some ways when the cause of all this

can be narrowed down to the monetary system, it really is one to big

bubble. They are everybody, but they're really not quite separate, even though some will be

worse than other, there'll be more debt, but it's just as a mess out there because of the

danger of manipulating, you know, the monetary

system. The one thing is this is a price mechanism. This is price fixing. If people could narrow

in to say, how does this work? Well, a lot of people do understand that wage and price controls aren't the way to solve the problem.

Price controls because they don't know what to set prices are.

And that's the way this is. It's up to now as much secrecy as the Fed can gain.

They want to set artificially the cost of money. And so it's price fixing. And lo and behold,

they make mistakes constantly because there's a lot of political activity going on. Most of it

behind the scenes. Most of it's done in secrecy, most of it's done to serve special interests,

and that's where our problem is. Some people, you know, like the excessive credit and dilution of

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