Ron Paul Discusses Why the Federal Reserve is Destroying the US Economy

No, but it certainly explains why your dollars in the bank decrease in value everyday.

If Ron Paul makes it to president, which I doubt will happen, you will see some changes.

 

I don't buy foreign goods from foreign countries. My mortgage is the same, my electric bill is still the same, the places I dine out haven't raised prices in a very long time. My car payment is still the same, my gas bill is low during the summer like it normally is.

But if our country is attacked again, will it be an inside job? How will conspiracy nuts make their money?

 

You see, the government creates money out of thin air and everyone pays for that - the value of your dollar won´t be as high as it was yesterday. Your savings decreases in value, and if you have a salary it won´t get you as far as it did last year. While this doesn´t happen all at once, it´s slow and sure. If our currency was actually backed by a commodity like gold we wouldn´t have to worry about any of this - our money would actually hold its value.

Since you pay a mortgage you have proabably heard that owning real estate is one of the best hedges against inflation around.

With a keep-your-nose-out-of-other-peoples-business foreign policy we wont have to worry about getting attacked.

 

Is this an opinion, or do you really believe the big evil government simply creates money out of thin air? If this is the case, I should contact Matthew Lesko and see if he has a gobmint program for this. I'm being a bit sarcastic, of course, but I just do not accept this. Over the course of years, economies go up, they go down. The dollar goes up, it goes down. Depressions have happened, recessions have happened. The only thing sure about the economy is that it is ever changing.

Real estate has always been a good investment. There may be short term losses in times of recession, but for long term investment, you can't go wrong. I'm not an investor though. Just a realizer of the America dream.

Incorrect. This is naive thinking that scares the crap out of me and makes me so very thankful that RP hasn't a hope in the world. Terrorism didn't start when Bush took office. If RP actually understood their ideology and religious doctrine, he'd know how absurd this notion was. islamic terrorists are not interested in being left alone. That does not get them to their heaven nor does it get them their 72 virgins.

Just one more reason why RP wouldn't have a clue what to do.

 

This guy has a melt down and knows what is coming.

Alex has a good pulse on whats going on in the world but he has no answers.

Ron Paul will be assassinated if he gets 20 percent of the vote/polls. He will have a heart attach (Cough Cough).

Ron Paul is the best politician in modern history to stand for the constitution (his voting record proves that) but he will never be president. The elites will put Hillary in when the baton gets passed in 2008.

The Dollar is so devalued that we borrow millions of dollars from CHINA and RUSSIA each day to stabilize the American economy.

America no longer owns its national parks, many roads, nor the NY Water Works. It can't even protect it's borders...lol

The most powerful country in the world cannot protect its borders??? or Won't?

Who can trust politicians who can't enforce the laws already on the books?

The constitution is already shredded...

 

What happened to you? Did you wake up from a long sleep?

 

Yes, I woke up. It took a few years, but I am awake.

Dang, I wish I was still in the matrix. Steak tasted better

D

 

Ever since our currency stopped getting backing from any real commodity, this is fact. When the currency is backed by a commodity it keeps the government in check in regards to this.

Yes the economy goes up and down on a 7 year swing - but its important to realize that big heads do tamper with the economy by changing the interest rates.

They say a man´s best investment is his own home.

Yes we have been sticking our finger in their region since before Bush. People in general are peaceful unless you piss them off. I would be willing to put my money on the notion that people would rather live peacefully than die in violence - but I will agree that Jihad is extreme and I wonder if there will ever be an end to it.

Ironically, if you travel the world you will actually slowly realize that the American culture we have grown up in is one of the most violent of all.

"I have ever deemed it fundamental for the United States never to take active part in the quarrels of Europe. Their political interests are entirely distinct from ours. Their mutual jealousies, their balance of power, their complicated alliances, their forms and principles of government, are all foreign to us. They are nations of eternal war. All their energies are expended in the destruction of the labor, property and lives of their people." --Thomas Jefferson to James Monroe

"Peace, commerce and honest friendship with all nations--entangling alliances with none, I deem [one of] the essential principles of our government, and consequently [one of] those which ought to shape its administration." --Thomas Jefferson

 

"I fu*ked up again, let's forget about it and continue." --George Bush.

 

I had not heard of Ron Paul before taking part in the P&R forum or Alex Jones for that matter.

I have read up on Ron Paul, visited websites, and watched videos. To be honest his non interventionist policy scared me too. In my lifetime the United States has been anything but non interventionist. However, throughout most of the US history we have been non interventionist.

http://en.wikipedia.org/wiki/United_States_non-interventionism

Having served in the military, I have been on missions that could not be seen as anything but interventionist. I do have a sense of pride for some of things that I have done in foreign countries under our current interventionist foreign policy.

The reality is though; the United States is not the World Police. We have some serious problems at home. We do not need to be involved in the internal politics of foreign nations.

There is unrest in the Middle East; we have been a part of that unrest. We should not be a part of it any longer. If that unrest spills over into democratic nations that are allied with our nation we should then consider lending our support.

I for one am unwilling to mortgage my children's future to continue the foreign policy of the current administration.

Our great nation is borrowing money from countries such as China to finance a "war" in the Middle East.

Are you o.k. with that? I am not.

 

Looking forward to you being declared "pro terrorist" and "anti-American" by your former friends in cheer leaders squad.

 

So Ron Paul can count on your vote, then? This online campaign is really picking up a head of steam then.

 

No, I think I will get it from all sides now that I am a bible thumper.

D

 

Nobody claimed that you will be completely sane just because you have discovered the truth about Bush and His administration.

 

That's true.

Still least the guy woke up, that is great news.

 

Ah yes, the inflation tax. I wish I could print money (based on nothing) and then charge interest...


D

 

Ron paul wont get over 2% because with that honest attitude he will never get the special interest vote which we all know gets an official elected to office. Even jfk's dad had conections(whether to the mob or other politicians, but teh mob back then was highly influencial) and used them to help his son get to office. Now jfk wanted to do good for the american people which is what got him killed. Ron Paul if he does get elected will follow straight in line like the rest of the politicians that we are so used to.

Only 2 politicians who had their own minds were jfk and nixon. Jfk for the behind the scenes changes he wanted to make and nixon because he wanted to create his own intelligence apparatus( very very resourceful dude even though i didnt agree with his political agenda). Nixon was the biggest threat to the way government operated than kennedy ever was. We all know what happened to nixon at that so called watergate dont we

 

You can, there is a number of private currencies in circulation. Ithaca Hours is probably the best known one (after Federal Reserve Notes that is).
Of course none of them are supported and enforced by Congress like Federal Reserve Notes are. Nobody can afford to go to Congress and lobby lawmakers to enforce their currency like Federal Reserve founders did

 

Can we step back from the "big evil government is coming to get us" mindset for a moment?

I've seen nothing but opinion to support this belief. Perhaps that's the problem...it's just an opinion?

Let' look at it from a logical stand point:

1) The budget deficit is about 200 billion, nearly cut in half over the past three years. Tax receipts (indicating a strong economy) have accounted for this, three years in a row.

Question: If the federal government can really just print money, anytime it needs it, without backing it up, then why is there a deficit?

2) We owe externally, billions. Other countries have always invested in our country, though the GDP remains relatively low.

Question: If the federal government can really just print money, anytime it needs it, without backing it up, then why don't they print off a bunch of money and pay off those we owe?

These seem like rational questions to an otherwise unrational claim. Anyone have real answers that can be backed up? In other words, not conspiracy inspired opinions? Just curious. Would be nice if ReadyToGo were around. He/She seems to have a good grasp on economics.

 

lets see if I can help on this....The US can only print as much money as it has in value of Gold. So our economy is actually influenced more by the price of gold than anything else. If the price of Gold goes up 1$, then the US treasury can print a 1$ bill for every lb. of gold it has in stock. The problem comes in when the price of gold goes down. The other problem that arises is that every year, millions of dollars are lost. Just think about it...how much spare change is in your couch, or pennies do you find on the street? Now think about how much is thrown away. All of this is considered money that is in circulation, even if it is somehow thrown away, or is simply sitting in the cushions of your couch. If the US treasury could account for every single bit of that, we could easily wipe away this debt that we have. But until we all become perfectly accountable and not lazy, then it will never happen.