13 July 2008
Ron Paul Blasts Chairman of Federal Reserve on National T.V. (November 2007)
"There’s dollar crisis out there and people’s money’s being stolen. People who have saved, they’re being robbed.”
Ron Paul presents his question to Ben Bernanke in this simple way: “My question boils down to this, how in the world can we expect to solve the problems of inflation, that is, the increase in the supply of money, with more inflation?," and all Bernanke can do is blame it on people who rightfully have tried to protect their hard-saved resources in this shoddy, upside-down market by moving their money to safer investments. Shameful and intellectually lazy! Ron Paul is so clear, while Ben Bernanke's language is vague and full of excuses. A teller of truth never has to dissemble so much.
And here's a surprisingly interesting follow-up coverage on CNBC (and a short clip from Fox):
Thank you Don Luskin, Trend Macro Chief Investment Officer, for being reasonable! I don't know anything else about this man, but certainly doesn't sound like an "NWO"-er to me.
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