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Ron Paul Liberty Report

The Fed Has No Answers - More Chaos Coming

Ron Paul Liberty Report

Ron Paul Liberty Report

News

4.92.3K Ratings

🗓️ 29 September 2023

⏱️ 29 minutes

🧾️ Download transcript

Summary

We can't say that nothing is manufactured in America. The U.S. government and the Federal Reserve are a tag-team that constantly manufacture problems for Americans. They both quickly turn around and claim they'll fix the problems that they created. But their "fixes" just end up creating new and even bigger problems! Ultimately, the problems become so numerous and so complex that the time finally comes to throw in the towel. The story of big government and central banking is always the same; massive arrogance followed by a humbling return to economic reality.

Transcript

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0:00.0

Hello everybody and thank you for tuning in to the Liberty Report with us today's Chris

0:06.0

Rosini, our co-host Chris, welcome to the program.

0:10.6

It's great to be with you Dr. Paul.

0:12.2

Very good.

0:13.2

This talk about the Federal Reserve today, talk about interest rates and a few things like

0:18.6

that.

0:19.6

There's a bit of chaos in the markets even in the last couple days gold has done a lot

0:25.5

of gyrations.

0:26.5

It's up sharply down sharply and I'm sure it confuses a lot of people because it's not

0:32.2

anticipated.

0:33.2

I watch the gold markets all the time, but I'd be the last one to say, you know, in three

0:36.9

hours from now, I know what the rate at the cost price of gold would be.

0:42.2

So therefore, that's by some contract because it'd be very, very difficult because it's

0:47.8

a commodity that's universal but it's also universally manipulated by governments and all the

0:55.0

special interests.

0:56.0

So there's a lot of activities.

0:57.8

Then there's the talk of, are we going to get a new currency, will it involve gold?

1:02.4

But this can't be very disturbing.

1:05.6

All I know is that the chaos that we have had here recently is the fact that we're not

1:13.5

honoring gold and using gold as a modifier and modifying the economy and having a definition

1:22.5

of the unit of account.

1:25.1

It's chaotic already but I think it's going to get a lot worse and we want to talk about

...

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