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Ron Paul Liberty Report

The Fed Decides To Pour Gasoline On The Inflation Fires

Ron Paul Liberty Report

Ron Paul Liberty Report

News

4.92.2K Ratings

🗓️ 20 September 2024

⏱️ 27 minutes

🧾️ Download transcript

Summary

Donald Trump calls Kamala Harris a Marxist and (rightfully) warns against price fixing. But we already have a Marxist-style monopoly central bank that price fixes. The Federal Reserve consists of a handful of individuals that get together like the Soviet Politburo and announce the arbitrary fixing of interest rates. As Americans suffer from years of the inflation inferno, The Fed Politburo decided this week to pour gasoline on the fire. More inflation is on the way!

Transcript

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0:00.0

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

0:04.0

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

0:07.0

Chris, welcome to the program.

0:09.0

Great to be with you, Dr. Paul.

0:11.0

Very good. I bet you paid a little attention to the pressure. with you'd

0:13.0

with you paid a little attention to the precious metals market the dollar market

0:16.9

and and our friend pile you know what if he'd come on on our program try to

0:21.0

explain a few things to it.

0:23.5

So that was going on yesterday.

0:26.0

So it was hard to avoid the news.

0:28.4

It made it all over the place.

0:29.9

Interpretations are a different story. what does this all this mean?

0:35.2

But people were a little bit surprised

0:38.2

that he went with a half a point instead of a core of a point.

0:42.3

But it means, you know, economically and politically speaking, it doesn't mean a whole

0:46.8

lot, you know, because they have no idea what they're doing.

0:51.0

They don't know what the results will be. They put fancy words on, they're

0:54.9

recalibrating and readjusting, but tomorrow they might have to recalibrate

1:01.4

again, you know, because a matter of fact I think that, you know,

1:05.8

they, a lot of the interest rates did go down with this announcement, but I'm just

1:11.9

glancing at some of the short rates. I think they're back up where they were and they're moving. This is not going to this is not going to do anything really

1:19.1

But one thing for certain people who are trying to

...

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