Will Trump Really Challenge The Fed?

Ron Paul Liberty Report

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4.9 • 2.2K Ratings

🗓️ 9 August 2024

⏱️ 30 minutes

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Summary

Former President Trump had a few scathing words for The Federal Reserve, suggesting that The President should at least have a say in setting interest rates. While it’s understandable that the president would desire such a thing, it’s absolutely not a solution to our corrupt and unconstitutional monetary system. It would certainly make our economic problems much worse, depending on who the president happens to be. The problem that we face is not a matter of who does the price fixing, but that anyone does it at all. No one should fix prices or counterfeit money! That’s the argument that former President Trump should be making against The Fed.

Transcript

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0:00.0	Hello everybody and thank you for tuning into the Liberty Report.
0:04.1	With us today we have we have Chris Rosini who is our co-host Chris good to see you.
0:10.9	Happy Friday Dr Paul. Very good.
0:13.0	You know, this week's been an exciting week for the financial markets.
0:17.0	They've been up, down real sharp and up real sharp.
0:21.0	It's a typical thing that one would predict would happen when you have a
0:26.2	monetary system that is just chaotic. And so it's hard to measure things because we don't have a measuring rod.
0:34.0	We don't have a definition for the unit of account.
0:37.0	So you get an economy that's built in a very rocky state.
0:43.6	And that's why there's going to be the ups and downs.
0:46.3	And the people that are in the markets
0:49.6	and doing hourly trading and figuring the futures market, they have a challenge and I don't envy
0:55.8	them.
0:56.8	Some of them make a lot of money and some of them go broke.
0:59.9	But that's not what we've been interested in generally.
1:04.0	The program is, our program is not designed just for investments, but we talk about policy.
1:10.0	One thing that we do to do we have we have partnered with Birch Gold Group because I believe
1:19.4	in gold.
1:20.4	I've looked at that for a lot of years even when it was illegal.
1:25.0	A lot of people probably listen to her,
1:27.0	when was it illegal?
1:28.0	Well, it was illegal from 1933 up until 1971.
	...

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