Ron Paul: Fed is very political, they usually hide it

Ron Paul: Fed is very political, they usually hide it


I’M WILLING TO LEARN. LET’S GET SERIOUS IF THAT WASN’T SERIOUS. NEW YORK FED, FORMER NEW YORK FED PRESIDENT BILL DUDLEY, AS YOU KNOW, HE TOOK A REAL BIG SHOT AT PRESIDENT TRUMP. HE URGED THE FED TO GET POLITICAL. DON’T LOW EVERY RATES, HE SAID, BECAUSE IF YOU DO, THAT WOULD HELP MR. TRUMP GET REELECTED. PURE POLITICS, FROM A FORMER NEW YORK FED PRESIDENT. INCREDIBLE. LOOK WHO IS HERE. FORMER TEXAS CONGRESSMAN RON PAUL. WE KNOW YOU’RE NO FRIEND OF THE FED BUT WHAT DO YOU MAKE OF THIS, A FORMER NEW YORK FED CHAIR GETTING REAL POLITICAL?>>WELL, I’M DELIGHTED. HE IS EXPOSING THE FED FOR WHAT THEY REALLY ARE. STUART: YES.>>THEY’RE VERY POLITICAL. THEY USUALLY HIDE IT. MOST PRESIDENTS BADGER THE FED. THEY DO IT DIFFERENTLY THAN TRUMP HAS DONE IT. HE HAS EXPOSED THEM. THEY FOUGHT BACK. BUT I THINK IT TELLS YOU THAT THEY ARE A VERY POLITICAL ORGANIZATION. FOR DUDLEY TO DO THIS, I THINK IT IS FANTASTIC. IT ALSO SHOWS THE SHORTCOMINGS OF THE FEDERAL RESERVE. THEY SHOULDN’T BE INVOLVED. WHAT HE HAS DONE IS PRETTY ATROCIOUS. THEY HAVE BADGERED FEDERAL RESERVE BOARD CHAIRMAN AND PRESIDENTS OVER THE YEARS. BUT THIS, TO CONSPIRE OUT IN THE OPEN, TO TRY TO GET THE PRESIDENT DEFEATED, IT IS A LITTLE MORE BLUNT THAN USUAL. STUART: THAT IS FOR SURE. VERY BLUNT I CALL IT, QUITE FRANKLY. HE CAME RIGHT OUT AND SAID IT. NOW I WANT YOUR COMMENT ON NEGATIVE INTEREST RATES IN EUROPE. I KNOW WE TALKED ABOUT THIS BEFORE. WE GOT NEWS TODAY, THAT ITALY’S UNEMPLOYMENT RATE WENT UP, UP, TO 9.9%. GERMANY, RETAIL SALES ACTUALLY FELL 2%. THEY’RE SLIDING INTO RECESSION. SO, RON, ALL THIS FREE MONEY, NEGATIVE INTEREST RATES, PRINTING UP A STORM, IT IS JUST NOT WORKING. BUT YOU TOLD US THAT A LONG TIME AGO.>>RIGHT. BECAUSE THERE IS NO DEFINITION OF THE UNIT OF ACCOUNT, WHICH IS THE DOLLAR FOR THE WORLD. AND IF YOU DON’T HAVE A DEFINITION, IT WANDERS AROUND. SOMETIMES THINGS GO UP TOO HIGH, TOO LOW. BUT FOR THE NEGATIVE INTEREST RATES, THAT IS HISTORIC. YOU’VE TALKED ABOUT THIS BEFORE. IT JUST DOESN’T MAKE A WHOLE LOT OF SENSE. I GO BACK TO MONETARY POLICY. IF YOU CAN’T DEFINE THE CURRENCY, YOU KNOW, I HAVE ASKED THE FED CHAIRMAN, BEFORE THE COMMITTEE SEVERAL TIMES, CAN YOU DEFINE THE DOLLAR? THEY REALLY CAN’T DEFINE THE DOLLAR. IF I TURN IN DOLLAR, WILL YOU REIMBURSE ME? ANOTHER FEDERAL RESERVE NOTE. THAT IS WHERE THE PROBLEM IS. IF YOU CAN’T DEFINE MEASUREMENT OF VALUE FOR EVERYTHING, THEN YOU GET INTO THE DIFFICULTY OF TRYING TO FIND OUT WHAT REAL INTEREST RATES ARE. WE DON’T KNOW WHAT THEY ARE. BECAUSE THEY DON’T MAKE ANY SENSE. THAT’S WHERE THE BUBBLES COME FROM, DISTORTIONS, EXCESSIVE DEBT. ALL THE PROBLEMS EMANATE, WE HAVE MONETARY SYSTEM, NOT A VIABLE SYSTEM. IT IS FIAT SYSTEM. WE PUT TOO MUCH RESPONSIBILITY ON THE FEDERAL RESERVE. NOW WE KNOW EXACTLY WHAT THEY’RE IN THE BUSINESS OF, RIGGING ELECTIONS. TRYING TO KEEP CERTAIN PRESIDENTS FROM GETTING REELECTED. STUART: RIGGING ELECTIONS. WELL, I’VE NOT HEARD YOU GO THAT FAR BEFORE, RON. GLAD YOU SAID IT ON THIS PROGRAM.>>MAYBE I SHOULD BACK OFF. STUART: WHAT ARE YOU DOING THIS WEEKEND? ARE YOU BARBECUING?>>HAVEN’T DECIDED YET, WE’LL BE AT HOME WITH THE KIDS. GOODNESS, WE’RE NOT ANTICIPATING THE HURRICANE TO HIT US. HOPEFULLY IT DOESN’T COME OUR WAY BUT IT WILL BE FAMILY WEEKEND. STUART: I HOPE YOU HAVE A GREAT

You May Also Like

About the Author: Oren Garnes

87 Comments

  1. We all know that the key to America's survival is to abolish the Federal Reserve and institute interest free currency

  2. The feds don't hide their political views to good, every time we get a good president they want to raise interest rates

  3. The clever rats have been ripping us off and stealing the value of what we've already earned since they CONNED us off the gold standard

  4. I highly respect Ron Paul. He's one person that helped me to understand that there is nothing backing nothing really.
    The US Dollar has no backing, other than our GDP (it really hasn't since Nixon took us off the 'Gold Standard'). I would say we should go back to that, but with a 23 trillion debt, not enough gold for that. 🙂
    Fiat money is basically just pieces of paper that are worth the ink and paper (5 cents), really nothing more, if this whole thing implodes one day!
    Why I've also been on the bitcoin ($BTC) train for a while now. Unlike fiat, there is a 'tangible asset' attached to its value.

  5. This person but its own foot and stuffed it in his mouth we all know how the feds work and they are not any interest other people who keep them wealthy at fed headquarters so you know what it will be whether they want to or not they will have to lower the interest rate I'm not a predictor I just know

  6. I honestly wish Ron Paul would stop letting FOX use him.

    They sure ignored him in 2012, but now HE IS RELEVANT!
    FOX, CNN, MSNBC- We need to turn our backs on these fascist commi oligarchical Newspeak INGSOC authoritarians, and be done with their bs!

  7. FED is VATICAN's bank whose entire purpose was & is to indebt the protestant country.
    FOX is Vatican's property as well

  8. Elections in the US will now be rigged one way or another. It's finally here, America is now a corrupt Banana Republic.

  9. Tech Tyrants, Feds, FBI and IRS discriminating to commit a Criminal Act of Political Extortion and Terrorism. Arrest them all for Treason and Mafia Extortion.

  10. Ya, well watch after 2020, I bet President Donald Trump disolves the federal reserve; it a long time coming, GET RID OF THE FED, reinstate Glass-Steagall and also turn this monetarist slave system into a credit system.

  11. How to put this people in general have political opinions and like religion they can't really separate their beliefs from their jobs.

  12. Ron Paul is a snake. he can never say anything good about the USA. I hope thast fool joins McCain. Just go listen to this traitor on RT russia propaganda news, they love him. This old fool should be sent to sytria for Assad to take care of.

  13. Duh…the federal reserve was created by leftists with an agenda to enslave counters and push a one world government. They ate communist globalists. I've got books written on this that are 100 years old.

  14. Go President Trump close down the Federal reserve they are corrupt. They are like snakes in the grass that is fake 😂

  15. So every know they should lower interest rates ,so forget the people and prosperity let fight for a recession liberal logic.

  16. Shummers working with the FED for a calculated controlled crash by next fall.
    Watch your money people and when it's gone thank Jerome and Shummer.

  17. Really miss this guy in the political field. He never became President but without doubt one of the most influential men in American politics. Really got a lot of us on the right and left to open our eyes.

  18. America needs the fed to keep feeding it funny money especially for the elite. Without the fed America would be broke from wars and other wasteful thievery.

  19. The great Ron Paul, a treasure to our country.
    He should have been our president!
    Protecting our freedoms is what our criminal government is supposed to do, nothing more, nothing less!
    Stop these illegal wars!
    Wake up America, wake up!

  20. What a disgraceful admission of guilt from an ex fed leader. Time to get rid of them if they operate like that.

  21. ROTHSCHILD OWNED & CONTROLLED BANKS:
    Afghanistan: Bank of Afghanistan

    Albania: Bank of Albania

    Algeria: Bank of Algeria

    Argentina: Central Bank of Argentina

    Armenia: Central Bank of Armenia

    Aruba: Central Bank of Aruba

    Australia: Reserve Bank of Australia

    Austria: Austrian National Bank

    Azerbaijan: Central Bank of Azerbaijan Republic

    Bahamas: Central Bank of The Bahamas

    Bahrain: Central Bank of Bahrain

    Bangladesh: Bangladesh Bank

    Barbados: Central Bank of Barbados

    Belarus: National Bank of the Republic of Belarus

    Belgium: National Bank of Belgium

    Belize: Central Bank of Belize

    Benin: Central Bank of West African States (BCEAO)

    Bermuda: Bermuda Monetary Authority

    Bhutan: Royal Monetary Authority of Bhutan

    Bolivia: Central Bank of Bolivia

    Bosnia: Central Bank of Bosnia and Herzegovina

    Botswana: Bank of Botswana

    Brazil: Central Bank of Brazil

    Bulgaria: Bulgarian National Bank

    Burkina Faso: Central Bank of West African States (BCEAO)

    Burundi: Bank of the Republic of Burundi

    Cambodia: National Bank of Cambodia

    Came Roon: Bank of Central African States

    Canada: Bank of Canada – Banque du Canada

    Cayman Islands: Cayman Islands Monetary Authority

    Central African Republic: Bank of Central African States

    Chad: Bank of Central African States

    Chile: Central Bank of Chile

    China: The People’s Bank of China

    Colombia: Bank of the Republic

    Comoros: Central Bank of Comoros

    Congo: Bank of Central African States

    Costa Rica: Central Bank of Costa Rica

    Côte d’Ivoire: Central Bank of West African States (BCEAO)

    Croatia: Croatian National Bank

    Cuba: Central Bank of Cuba

    Cyprus: Central Bank of Cyprus

    Czech Republic: Czech National Bank

    Denmark: National Bank of Denmark

    Dominican Republic: Central Bank of the Dominican Republic

    East Caribbean area: Eastern Caribbean Central Bank

    Ecuador: Central Bank of Ecuador

    Egypt: Central Bank of Egypt

    El Salvador: Central Reserve Bank of El Salvador

    Equatorial Guinea: Bank of Central African States

    Estonia: Bank of Estonia

    Ethiopia: National Bank of Ethiopia

    European Union: European Central Bank

    Fiji: Reserve Bank of Fiji

    Finland: Bank of Finland

    France: Bank of France

    Gabon: Bank of Central African States

    The Gambia: Central Bank of The Gambia

    Georgia: National Bank of Georgia

    Germany: Deutsche Bundesbank

    Ghana: Bank of Ghana

    Greece: Bank of Greece

    Guatemala: Bank of Guatemala

    Guinea Bissau: Central Bank of West African States (BCEAO)

    Guyana: Bank of Guyana

    Haiti: Central Bank of Haiti

    Honduras: Central Bank of Honduras

    Hong Kong: Hong Kong Monetary Authority

    Hungary: Magyar Nemzeti Bank

    Iceland: Central Bank of Iceland

    India: Reserve Bank of India

    Indonesia: Bank Indonesia

    Iran: The Central Bank of the Islamic Republic of Iran

    Iraq: Central Bank of Iraq

    Ireland: Central Bank and Financial Services Authority of Ireland

    Israel: Bank of Israel

    Italy: Bank of Italy

    Jamaica: Bank of Jamaica

    Japan: Bank of Japan

    Jordan: Central Bank of Jordan

    Kazakhstan: National Bank of Kazakhstan

    Kenya: Central Bank of Kenya

    Korea: Bank of Korea

    Kuwait: Central Bank of Kuwait

    Kyrgyzstan: National Bank of the Kyrgyz Republic

    Latvia: Bank of Latvia

    Lebanon: Central Bank of Lebanon

    Lesotho: Central Bank of Lesotho

    Libya: Central Bank of Libya (Their most recent conquest)

    Uruguay: Central Bank of Uruguay

    Lithuania: Bank of Lithuania

    Luxembourg: Central Bank of Luxembourg

    Macao: Monetary Authority of Macao

    Macedonia: National Bank of the Republic of Macedonia

    Madagascar: Central Bank of Madagascar

    Malawi: Reserve Bank of Malawi

    Malaysia: Central Bank of Malaysia

    Mali: Central Bank of West African States (BCEAO)

    Malta: Central Bank of Malta

    Mauritius: Bank of Mauritius

    Mexico: Bank of Mexico

    Moldova: National Bank of Moldova

    Mongolia: Bank of Mongolia

    Montenegro: Central Bank of Montenegro

    Morocco: Bank of Morocco

    Mozambique: Bank of Mozambique

    Namibia: Bank of Namibia

    Nepal: Central Bank of Nepal

    Netherlands: Netherlands Bank

    Netherlands Antilles: Bank of the Netherlands Antilles

    New Zealand: Reserve Bank of New Zealand

    Nicaragua: Central Bank of Nicaragua

    Niger: Central Bank of West African States (BCEAO)

    Nigeria: Central Bank of Nigeria

    Norway: Central Bank of Norway

    Oman: Central Bank of Oman

    Pakistan: State Bank of Pakistan

    Papua New Guinea: Bank of Papua New Guinea

    Paraguay: Central Bank of Paraguay

    Peru: Central Reserve Bank of Peru

    Philip Pines: Bangko Sentral ng Pilipinas

    Poland: National Bank of Poland

    Portugal: Bank of Portugal

    Qatar: Qatar Central Bank

    Romania: National Bank of Romania

    Russia: Central Bank of Russia

    Rwanda: National Bank of Rwanda

    San Marino: Central Bank of the Republic of San Marino

    Samoa: Central Bank of Samoa

    Saudi Arabia: Saudi Arabian Monetary Agency

    Senegal: Central Bank of West African States (BCEAO)

    Serbia: National Bank of Serbia

    Seychelles: Central Bank of Seychelles

    Sierra Leone: Bank of Sierra Leone

    Singapore: Monetary Authority of Singapore

    Slovakia: National Bank of Slovakia

    Slovenia: Bank of Slovenia

    Solomon Islands: Central Bank of Solomon Islands

    South Africa: South African Reserve Bank

    Spain: Bank of Spain

    Sri Lanka: Central Bank of Sri Lanka

    Sudan: Bank of Sudan

    Surinam: Central Bank of Suriname

    Swaziland: The Central Bank of Swaziland

    Sweden: Sveriges Riksbank

    Switzerland: Swiss National Bank

    Tajikistan: National Bank of Tajikistan

    Tanzania: Bank of Tanzania

    Thailand: Bank of Thailand

    Togo: Central Bank of West African States (BCEAO)

    Tonga: National Reserve Bank of Tonga

    Trinidad and Tobago: Central Bank of Trinidad and Tobago

    Tunisia: Central Bank of Tunisia

    Turkey: Central Bank of the Republic of Turkey

    Uganda: Bank of Uganda

    Ukraine: National Bank of Ukraine

    United Arab Emirates: Central Bank of United Arab Emirates

    United Kingdom: Bank of England

    United States: Federal Reserve, Federal Reserve Bank of New York

    Vanuatu: Reserve Bank of Vanuatu

    Venezuela: Central Bank of Venezuela

    Vietnam: The State Bank of Vietnam

    Yemen: Central Bank of Yemen

    Zambia: Bank of Zambia

    Zimbabwe: Reserve Bank of Zimbabwe

    The FED and the IRS 

    Virtually unknown to the general public is the fact that the US Federal Reserve is a privately owned company, siting on its very own patch of land, immune to the US laws.

    This privately owned company (controlled by the Rothschilds, Rockefellers and Morgans) prints the money FOR the US Government, which pays them interest for the "favor." This means that if we would reset the nation's debt today and would begin reprinting money, we would be in debt to the FED from the very first dollar loaned to our Government.

    Also, most people living in the USA have no clue that the Internal Revenue Service (IRS) is a foreign agency.

    To be more accurate, the IRS is a foreign private corporation of the International Monetary Fund (IMF) and is the private “army” of the Federal Reserve (Fed).

    Its main goal is to make sure the American people pay their tax and be good little slaves.

  22. The FED is a Private FOREIGN corporation, and NOT a U.S. government agency. It's time to abolish or nationalize The FED, so we control our own monetary policy, and not some foreign country!

  23. Get rid of the federal reserve board . if Trump not elected the markets will go into chaos. You can thank Obama, bushes, and the Clintons for the deficits and transfer of wealth. To Asia! If Trump not elected you will have a double-digit recession. A classic mini depression. Let pray 🙏for the president. China 🇨🇳will love a left-wing wing sanders president.

  24. I Pray the day comes when social order breaks down just long enough that guy's like this don't have the law to protect them. Kinda like what it would be like if he were stuck in a level 4 prison without the system to protect him

  25. The fed steals off the people. They rig the system and help friends. They take over good businesses and assets when the dollar is at it's weakest. They never create anything. They just take.

Leave a Reply

Your email address will not be published. Required fields are marked *