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Ron Paul Liberty Report

Weekly Update --- The Federal Reserve Killed the Penny. Is MAGA Next?

Ron Paul Liberty Report

Ron Paul Liberty Report

News

4.92.3K Ratings

🗓️ 24 February 2025

⏱️ 4 minutes

🧾️ Download transcript

Summary

Weekly Update --- The Federal Reserve Killed the Penny. Is MAGA Next? by Ron Paul Liberty Report

Transcript

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0:00.0

Hello everybody and thank you for tuning into the weekly report.

0:04.0

The Federal Reserve killed the penny.

0:08.0

Is Maga next?

0:10.0

President Trump recently issued an executive order instructing the U.S. meant to stop producing pennies.

0:19.0

The reason for this is it costs nearly four cents to produce one penny.

0:25.7

That's right, the U.S. government can't even make pennies without losing money.

0:31.0

President Trump may have signed the death certificate,

0:34.0

but the Federal Reserve is the pennies true killer. Since the Fed's creation, the U.S.

0:41.0

dollar has lost over 97% of its value. President Trump's hopes for a successful presidency

0:49.9

may be the Fed's next victim. According to the government's data, which is manipulated to understate price inflation,

0:59.3

consumer prices rose by 0.5% in January, the biggest monthly increase since August of 2023.

1:09.1

The public's continued anger over price inflation and the government's response

1:13.6

is reflected in recent polling data. According to a February 19th, Reuters Ipsos poll,

1:21.6

53% of Americans think the economy is on the wrong track. while of mid-February Gallupol found

1:30.3

that 54% of Americans disapprove of President Trump's handling of the economy.

1:37.3

A reason for public dissatisfaction with President Trump's economic performance is that, according to an early February survey by CBS,

1:48.0

66% of Americans think the Trump administration is not focused enough on lowering prices.

1:56.0

Unfortunately, President Trump can turn price inflation from a losing issue to a winning

2:03.0

issue by following the lead of the Department of Government Efficiency, head Elon Musk and

2:10.0

the 2016 presidential candidate Donald Trump, and push for an audit of the Federal Reserve. Mr. Musk has not only endorsed auditing the Fed,

2:20.3

he has suggested I should be in charge of the audit. Federal law prohibits the government's

2:28.3

accountability office from auditing the Federal Reserve's contact of monetary policy.

...

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