Posted on March 25, 2009 by fortruthandfreedom
The problem is the Federal Reserve and the bailouts, not the AIG bonuses (as bad as they are–they are just a symptom of the corrupted system).
Ron Paul further explained these facts on Fox Business News earlier today (3/24/2009):
Filed under: Ron Paul | Tagged: AIG, Ben Bernake, bonuses, bubble, economy, Federal Reserve, Fox Business News, free market, housing crisis, inflation, interest rates, money supply, recession, Ron Paul, tax, timothy geithner | Leave a Comment »
Posted on October 31, 2008 by libertyForAll
Filed under: Economy—US Dollar | Tagged: 1%, agriculture, banks, ben bernanke, bonds, bush, central banks, commodities, currency, economy, england, europe, farmers, fed, gold, hyperinflation, inflation, interest rates, Jim Rogers, money, paper assets, print money, short-term, tractors, U.S., us election | Leave a Comment »
Posted on October 29, 2008 by fortruthandfreedom
Peter Schiff on Bloomberg 10.28.2008:
Filed under: Economy—US Dollar, Mitt Romney | Tagged: bailout, banks, bloomberg, currency, depression, economy, Federal Reserve, finances, housing, inflation, interest rates, peter schiff, recession, US Dollar | 1 Comment »
Posted on September 17, 2008 by fortruthandfreedom
Filed under: Economy—US Dollar | Tagged: Australia, bailouts, bankers, credit, Dateline, dollar, economy, Fannie Mae, Federal Reserve, Freddie Mac, housing bubble, housing crisis, IndyMac, inflation, interest rates, Lehman Brothers, mortgage crisis, peter schiff, recession, Steven Keen, Wamu | Leave a Comment »
Posted on July 24, 2008 by fortruthandfreedom
The IRS is now monitoring all of your credit card transactions.
Filed under: Ron Paul | Tagged: bailout, credit, credit cards, depression, dollar, economy, Fannie Mae, Federal Reserve, Freddie Mac, housing, inflation, interest rates, IRS, liberties, money supply, national debt, privacy, recession, Ron Paul | Leave a Comment »
Posted on July 17, 2008 by fortruthandfreedom
Ron Paul was on CNBC yesterday discussing the inflation tax, the weak dollar, and his meeting with Ben Bernake:
Here is the full excerpt from the above referenced House Financial Services Committee meeting where Paul once again tried to set Bernake straight:
Ron Paul was really making the rounds yesterday. Funny how people are having to admit he’s been right all along now that it’s becoming undeniably obvious. Even Glenn Beck is treating him with more respect these days (if only Glenn could get the whole war on terror/foreign policy thing figured out he’d be an OK guy!). Here is the clip of Paul on Beck’s show:
Related info: Why Oil and Gas Prices Are High
Filed under: Economy—US Dollar, Ron Paul | Tagged: banks, Ben Bernake, capitalism, CNBC, CPI, dollar, economics, economy, Federal Reserve, finances, financial policy, food, free markets, gas, Glenn Beck, inflation, interest rates, money supply, oil, politics, Ron Paul, taxes | Leave a Comment »
Posted on June 26, 2008 by fortruthandfreedom
Once again Ron is right. The whole thing really is not that hard to figure out if you are willing to look for the truth and admit it when you find it.
Filed under: Economy—US Dollar, Ron Paul | Tagged: dollar, economy, Federal Reserve, gas prices, inflation, interest rates, oil, recession | Leave a Comment »
Posted on October 31, 2007 by libertyForAll
The dollar lost ground again today against other major currencies, a slight bounce occurred after the fed rate cut announcement but did little to help offset the day’s significant losses. The Fed announced a quarter-point rate cut that many investors had expected. The benchmark rate was cut from 4.75% to 4.5%.
Pulp Finance explains: “This also makes US treasuries less attractive to foreign investors which in turn lowers our ability to pay off our government overspending by increasing our debt. Its the equivalent of a company printing more stock shares and putting them on the market, this then lowers the value of every share held and eventually no one wants to buy the diluted paper.” The dollar index also hit an all time low suggesting spikes in inflation and decreased purchasing power.
View USD charts here:
USD vs CAD — beyond parity, USD vs EUR, USD vs GBP, USD vs CNY (CHINA)
Filed under: Economy—US Dollar | Tagged: dollar, fed cut, interest rates | Leave a Comment »