Posts Tagged ‘inflation’
Audit the Fed, Then End It!
There are not too many topics that Americans seem to shy away from politically. Unfortunately, however, one of those topics we don’t like to talk about just happens to be the most important. The monetary system in this country receives absolutely no airtime on the major media networks. There is no debate about monetary creation during the presidential races. And, amazingly, most Americans don’t even know where their money comes from and how it receives its value. This is a trend that truly needs to change before America will be able to break the horrid boom and bust cycle of our economy.
Ron Paul Responds to Obama
And corrects some Keynesian misinformation.
Encourage Your Congressman to Audit the Fed
Go here to sign the petition and encourage your congressmen and women to co-sponsor Ron Paul’s Audit the Fed Bill.
Dollar Depreciation
Ron Paul on the Fed and Afghanistan
The leading advocate for liberty in Congress discusses the dubious history of the Federal Reserve System and the dangers of the Afghanistan War.
Debt and the Money Supply
These are troubling times for our country. This recession, touted as the biggest since the great depression, has everybody running scared. Obama loves ratcheting up fear about it when he addresses our nation. Of course, he is just following the Big Brother game plan. In order to subdue the masses into accepting your seemingly tyrannical proposals, you must frighten them into submission. And even though the republican president who just left office also passed a huge TARP bill costing our nation over $1 trillion and was a huge predictable failure, republicans are now acting as if they care about too much spending.
Our government added around $1.5 trillion dollars to its total debt in 2008, bringing the new total to right at $10.7 trillion. That number, of course, does not take into effect future obligations. All in all, our government owes $65.5 trillion now and in the future. Do you think the current politicians are going to be blamed for bankrupting our country when the full debt starts coming due? Obama will be a distant memory in 2030 or 2050, which are estimated to be the times when we finally wreak the fruits of our massive government spending. But how can our government currently owe $10.7 trillion when based on the M1, only around $1.4 to $1.5 trillion in actual cash and coin exists? The main reason is our money is created out of nothing.
