Stansberry Research, Released on 10/20/21
It’s a fallacy to keep gold prices low to show the economy is doing alright, says Dr. Ron Paul, former U.S. Congressman and Host of The Ron Paul Liberty Report.
He surveys the U.S. economic landscape and asserts that, “the depreciation of money [U.S. dollars] is ongoing, and it’s not going to stop.”
Dr. Paul tells our Daniela Cambone that transitory price inflation is playing havoc with the economy, where some Americans are feeling the effects of this much more than others. “The transfer of wealth from one group to another we are witnessing,” stems from the Federal Reserve, where he says it’s time to, “get rid of the Fed.”
Dr. Paul encourages the flourishment within the crypto and gold communities concluding that, “liberty is the most valuable asset that we can strive for.”
Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president in 2008. He is the author of eight books, including the New York Times bestsellers The Revolution: A Manifesto and End The Fed. An unwavering defender of the US Constitution, Paul has been an advocate of sound money, personal liberty, free markets, and international peace throughout his political career and beyond. He is chairman of the FREE Foundation, founder of the Campaign for Liberty, and distinguished counselor to the Ludwig von Mises Institute. Dr. Paul recently started the Ron Paul Liberty Report, an online broadcast alternative to the mainstream media. Ron’s most recent novel is Swords into Plowshares.