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Ron Paul Liberty Report

What Has QE Wrought?

Ron Paul Liberty Report

Ron Paul Liberty Report

News

4.92.3K Ratings

🗓️ 5 May 2023

⏱️ 22 minutes

🧾️ Download transcript

Summary

Today's financial hardships stem first, from the Fed's unconstitutional existence, and second from the Fed's decade of near 0% interest rates and QE. Those disastrous policies created a decade's worth of bad and uneconomic investments. Rising interest rates under Powell are the cure to those very bad decisions. But the "hangover" is that all of the bad investments piled up since 2008 become exposed. Of course, there are calls to turn the printing presses back on, which are calls to perpetuate the original problem and make it even worse. The Fed has no business fixing interest rates in any direction, or counterfeiting even a single dollar, but the big blunder was 0% rates and QE. That made today's hardships inevitable.

Transcript

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0:00.0

Hello everybody and thank you for tuning in to the Liberty Report with us today as Chris Rosini our co-host

0:07.5

Chris welcome to the program

0:09.7

Great to be with you, Dr. Paul very good we owe visit today with a little bit of economics and maybe we might even mention gold and

0:18.2

Gold has been in the news again this time gold has taken some

0:22.9

Corrections, I'm sure it caught the attention of anybody's been interested what happens with gold

0:29.0

But we don't deal with just thinking about gold we think more about the money

0:34.3

He instead of saying what's the price of gold?

0:36.6

We want to think about what is the value of the dollar and it's the value of the dollar that determines the ratio to gold and that's the important issue and

0:45.0

That's

0:46.6

Important because the way governments react it makes a big difference and I think it's just the price of gold

0:52.3

They might want to regulate it and come in with all these schemes of what what you do to regulate and fix prices

1:00.4

But anyway, we'll be talking about that that I do want to recognize

1:05.6

Birch Gold the company we we are partners with

1:09.5

dealing with the gold issue and

1:12.1

They have some information and literature that they will pass out if you have have not gotten interested or want to refresh your memory about

1:20.4

About it because there's nothing utterly stable about the ratio between gold and silver and you have to make

1:28.0

Investment decisions and that's what Birch Gold does they help in that sense

1:32.8

So if you're interested in getting some information and it's free, you don't have to pay for you just text

1:40.1

Ron 9898 and they will send you the material

1:45.7

This can be very helpful to you and might have helped you understand you know the big shifts one thing for sure the conditions we have today

1:55.6

In the economy is it's it's stability, you know, you can't you can't really

2:02.9

Analyze things on economic rules because you have economic rules and economic conditions and then you have a lot of other

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