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Ron Paul Liberty Report

The Fed Can't Replace The Market To Find The Best Interest Rate

Ron Paul Liberty Report

Ron Paul Liberty Report

News

4.92.3K Ratings

🗓️ 17 June 2022

⏱️ 26 minutes

🧾️ Download transcript

Summary

The failure of central planning is manifesting in our world again, this time from The Fed. There's no "right way" to plan the economy, or to manipulate interest rates, or to counterfeit money. It's all wrong and destructive! The only fix is to End The Fed and to use sound money once again.

Transcript

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0:00.0

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

0:05.0

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

0:07.7

Chris, welcome to the program.

0:09.2

Great to be with you, Dr. Paul.

0:11.2

Good and we have lots to talk about.

0:13.9

But it's the same old stuff again.

0:17.2

The people in charge of giving us sound money and following the Constitution, they're

0:21.8

slipping on the job and they're not doing that.

0:24.6

So we have to address that.

0:26.9

Once again, the Federal Reserve is at it, trying to solve our problems and the whole harder

0:32.2

they try, they pretend to try.

0:34.4

The worst thing's yet, and this week was a silly week on monetary policy.

0:39.1

The world was hanging on its hinges here because the Federal Reserve had to make a decision

0:45.5

on interest rates.

0:46.8

And everybody knew what the final conclusion would be on that per day.

0:50.7

They were going to switch from raising the interest rates to 1.5% to 1.75.

0:58.0

A quarter of a percent, and this was a big deal.

1:02.6

What's the difference?

1:03.9

And overall, the difference between a market rate of interest rates versus a government

1:10.0

manipulated interest rates, that's a different.

1:12.8

But this is a whole idea that the managers of the money supply, the managers of the interest

1:19.1

rates.

...

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