Ron Paul's Blog, page 183

Coincidence? Coronavirus Crisis & A Fed-Created Financial Collapse

The Fed created the biggest financial bubble to ever exist. Every bubble is followed by a bust, so the Federal Reserve, regardless of any other event that occurs, is responsible for creating economic crisis. The real solution is to put an end to The Fed and monopolistic central banking. But until that conclusion is finally reached, the proposed solutions from every corner will be for The Fed to counterfeit currency in larger and larger doses. This assures continuous economic crises of...

More Chaos: House Iran War Vote, Coronavirus Stimulus, Euro Travel Ban!

As the House further debates a resolution restricting President Trump's power to make war on Iran, the House is rushing through a "coronavirus stimulus" bill pumping more billions into the pockets of the well-connected. Meanwhile, President Trump has announced that no flights from Europe can land in the US. How is that going to work? And where's the authority?

FLASHBACK -- What Has QE Wrought?

By Ron Paul

[Editor's Note: Back in January of 2018, Ron Paul delivered a Special Report detailing the tremendous financial trouble that The Federal Reserve had set in motion. This trouble would someday manifest in a serious financial crisis; one even larger than the previous Fed-created crisis of 2008. You can re-read the transcript of that speech below, or watch Dr. Paul deliver it on YouTube here.]The Great Recession began in 2007. It didnt take long for the money managers to recognize its...

A Lot of Good People Stay Silent, And That's Bad

By Chris Rossini

When dealing with others, there are two ways to get what you want, one is the way of Liberty, that is, to interact with others on a voluntary basis. The other is the way of tyranny, that is, politics, coercion and force.

It should go without saying that Liberty is the superior of the two. No one should use aggressive force against anyone else. Force is for self-defense only, to repel an aggressor.

At any point in time, one of these two methods of dealing with one another...

Battle Over Idlib - Pompeo Versus Trump

President Trump's Secretary of State, Mike Pompeo, is driving the US closer to war with Russia over Turkey's land grab in northern Syria. While Trump talks about removing US troops from the Middle East, Pompeo has turned his State Department into a second White House and second Pentagon to launch his own foreign policy. Will Trump continue to allow Pompeo to run the show?

Right, Bernie! We Are All (Ersatz) Socialists Now

By David Stockman

In 1971 Nixon famously said “we are all Keynesians now” as he ash-canned the Bretton Woods gold exchange standard, thereby unleashing fiat central banking on the world economy.

At the time, the Keynesian part wasn’t viewed as such a big deal by enlightened opinion. It was supposedly just the Republican Right catching-up with the Great Depression and shedding its vestigial Hooverite regard for balanced budgets. Henceforth the GOP, too, would advocate pump-priming when the...

Iraq War Goes On (And On) - Two More US Soldiers Killed

After a "Super Tuesday 2" campaign update from Ron Paul, today's program looks at yet more US military deaths in Iraq. The 17 year war continues to take US (and Iraqi) lives even after the Iraqi parliament voted this year to remove foreign troops from Iraqi soil. What are they fighting for? Does anyone know?

Central Banking is Socialism

By Ron Paul

Last week, the Federal Reserve responded to Wall Street’s coronavirus panic with an “emergency” interest rate cut. This emergency cut failed to revive the stock market, leading to predictions that the Fed will again cut rates later this month.

More rate cuts would drive interest rates to near, or even below, zero. Lowering interest rates punishes people for saving, thus encouraging consumers and businesses to spend every penny they make. This may give the economy a short-term boost....

A Military Distraction? US Hands Ukraine $125 Million In Weapons

In yet another example of President Trump continuing the bad policies of President Obama, the Administration announced it would grant $125 million in new anti-artillery radar and military patrol ships to Ukraine. Maybe a military distraction will take minds off of rocky financial waters and a coronavirus that has the world in a panic?

The Straw That Broke The Fed's Back

Close observers of the un-constitutional and immoral Federal Reserve realize that there is trouble in the central planners paradise. As happens with all attempts at trying to micromanage the world, the point is finally reached where the micromanagers are completely overwhelmed by problems of their own making. When the final story of The Fed is written, it will be no different than the unnecessary and foolish central planning schemes of the past.