Ron Paul on Federal Reserve and Inflation 6/25/2008

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Ron Paul on Federal Reserve and Inflation 6/25/2008

Uploaded by: minnesotachris
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Congressman Ron Paul comments on the Federal Reserve's decision to maintain interest rates and raises concerns about inflation on June 25, 2008.
Help "Ron Paul Jr." BJ Lawson become Dr. Paul's friend in Congress! A moneybomb is coming up on September 17:
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Tags for this video: 2008 25 barr campaign election fed federal inflation june liberty mccain monetary obama paul policy politics reserve ron

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i am a little ... ( 3 weeks ago by fupasack2)

i am a little confused here, at 4:19 he says the fed CREATES money out of thin air. what does he mean by create? I was told that the fed doesnt have the power to CREATE money, only the Buereau of Engraving and Printing(BEP) have the power, and the machines to do that.
my question, is what process is he talking about at 4:15-4:23? is the BEP part of the GOV or the FED? who actually creates money and who has the final say on how much is created???

I believe what ... ( 3 weeks ago by gt8595b)

I believe what happens is that the FED just electronically transfers money to banks and the government. There are real bills or coins that match the money the FED creates; it's just data in a computer. Then the bank accounts of banks that borrowed from the FED (including the government) right checks based on the number in their accounts; these checks are sent to companies (who use it to pay employees) and people who take out loans, and this is how the "thin-air" money gets circulated.

I meant to say ... ( 3 weeks ago by gt8595b)

I meant to say THERE AREN'T real bills and coins; so, for the whole trip (from the FED to the public) the money has stayed in electronic or check format, and then is spent electronically from debit cards. At no time were bills or coins needed. The FED just says, "OK, USA, here's $200 billion." and types some lines on a computer.

Thank you Ron Paul! ( 3 weeks ago by appldknwldge)

Thank you Ron Paul!

You need to clear ... ( 3 weeks ago by cowboycarl04)

You need to clear the mind and simply.
They have the power to create money in emergency by just pushing enter on a keyboard. They can print money using the US Mints, but all money printed is given to us on loan by the federal reserve banks, and the interest we pay is the income tax.
Basically, the US does not print our own money anymore. It prints a note backed by nothing, which bankers and companies control.
The bankers have control on the money supply.

i really wished i ... ( 3 weeks ago by lafther210)

i really wished i could have seen you make a 1-1 debate with Mccain = (, lets keep the revolution rolling.

No matter who is ... ( 3 weeks ago by Shontesimone)

No matter who is president the federal reserve controls all

RON PAUL IS THE ... ( 3 weeks ago by PublicFoodie)

RON PAUL IS THE BEST CHOICE OUT THERE
I am afraid that if we let lobbiests and special interests in Washington, by electing them, then we are in trouble. I wanted to write in RP on my ballot in Nov. I have since come to realize that staying neutral and voting 3rd party is something we cannot afford. You can hate Obama all you like, but if you vote for Obama, its a vote against McCain to keep him out of the WH. We have to take small steps, be neutral or vote 3rd party and we will go backwards.

Please click on " ... ( 3 weeks ago by PublicFoodie)

Please click on "PublicFoodie" for more info from a fellow RON PAUL SUPPORTER. Any questions, feel free to send me a message ;)

Go Ron Paul!!! ( 3 weeks ago by scoobydubby)

Go Ron Paul!!!

It is ridiculous ... ( 3 weeks ago by doctorofghetto)

It is ridiculous that the Federal Reserve, as well as IRS, controls all the flow of money from the indviduals and ordinary businesses. Simple concept: The more authority controls everything, the less effeciency occurs.

If McCain Wins... ... ( 3 weeks ago by PublicFoodie)

If McCain Wins...RON PAUL WILL Not B ABLE to run again for re-election in 2012!!! We Can NOT allow this to happen... to help out and For more info please visit my homepage by clicking on "PublicFoodie"

its not fair that ... ( 3 weeks ago by lafther210)

its not fair that because a few big co. cheated that the rest of the world has to suffer and bail them out. If they didnt had such an mpact on jobs or eco, i would say let those Co. die, its totally unfair.

I don't like the ... ( 2 weeks ago by amajetich)

I don't like the feddy mac. I want my money back.

Ron Paul is the ... ( 2 weeks ago by AmeriPole)

Ron Paul is the smartest guy in the US Congress!

Mr Paul I support ... ( 2 weeks ago by scochirice01)

Mr Paul I support you totally. I think the feds are just busying us with inflation and george is just busying us with war and the politicans are just busying us with a promise. I think they are doing this to distract us from realizing their worldwide eugenics agenda sir.This busyness is akin to the swirl of the water just before it disappears down the drain.Its designed so we dont see the drain and realize the eugenics population agenda which has been the focus of powerdogs since the late 1800.

Dont bail out ... ( 1 week ago by crashoppe)

Dont bail out anything. use the money to put people (no robots/computers, they're not consumers) to work with decent pays. Then they can spend, that = good economy. Wall street go the middle class sucked into the game, now is jerking the rug out from under them and wants to get "bailed out" (paid) AGAIN
GO RON PAUL/ CHUCK BALDWIN '08 !!!!!

In other words..... ... ( 1 week ago by star2000dancer)

In other words.....money..the banks, control the government, religion, your healthcare, the enviorment, even the population. Get as much silver & gold you can get, put it away. It is the only thing that wo'nt lose value.

Please research the ... ( 1 week ago by house042)

Please research the federal reserve we could change americas future by printing our own money without interest attached to it. Big question is whos getting the interest?????

Help close down the ... ( 6 days ago by paulcoman)

Help close down the Fed!
Boycott Citibank, JP Morgan Chase and Bank of America.
The bankruptcy of these major banks will bankrupt the system thus allowing us to create a new one.

Do you really think ... ( 6 days ago by xxXCALIBURxx)

Do you really think that will work? I don't think everyone is going to follow you on that, they have our money. The idea of Revolution is more effective.

The highest ... ( 5 days ago by paulcoman)

The highest incentive for change and revolution will be if the current corrupt system fails.
And if the American system fails, I believe the world system fill follow.

you are out of your ... ( 4 days ago by buakawkaoklai)

you are out of your mind ...
russia china will take its place ....that was a funny statement

Well of course not, ... ( 3 days ago by xxXCALIBURxx)

Well of course not, the lefties are too busy blaiming it all on McCain, like he somehow had anything to do with it.

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Ron Paul on Federal Reserve and Inflation 6/25/2008

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